Tags: OECD

Mental health in the UK workplace is a challenge that requires urgent tackling, says OECD

The UK must step up and address the challenges posed by mental health in the workplace, according to OECD’s Mental Health and Work report. The Paris-based organisation estimates that mental health issues cost the UK approximately 4.5% of GDP in terms of direct and indirect costs, such as benefit payments, health care expenditure, and lost…

France must do more to promote quality jobs for older workers, says OECD

Promoting quality employment for older workers is crucial to boosting growth and ensuring a financially sustainable pension system, according to a new OECD report on ageing and employment policies in France. Working Better with Age in France emphasises that the transition from employment to retirement comes especially early and poses problems for many older workers. Between…

Middle earners will only receive 54% of their earnings on retirement

Recent reforms of pension systems have helped to contain the rise in future costs resulting from ageing populations and increasing life expectancy. Governments now need to do more to encourage people to work longer and save more for their retirement to ensure that benefits are adequate enough to maintain standards of living into old-age. Policy…

UK in bottom three for literacy and numeracy skills amongst 16-25 year olds

The low-skilled are more likely than others to be unemployed, have bad health and earn much less, according to the first OECD Survey of Adult Skills. Countries with greater inequality in skills proficiency also have higher income inequality. The OECD Survey of Adult Skills is the new PISA for adults (otherwise known as PIAAC). The Survey…