30.08.23 – OECD Study

Latest trends in jobs and wages: Stabilized labor markets

According to the OECD study “Employment Outlook 2023” pub, labor markets remain very tight in most member countries although the number of vacant positions per job seeker has declined in many markets.

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Note: Real wages are defined as compensation per employee deflated by the consumers’ expenditure deflator. Source: Organisation for Economic Cooperation and Development (OECD), Employment Outlook 2023. © OECD

 
wages.jpg

Note: Real wages are defined as compensation per employee deflated by the consumers’ expenditure deflator. Source: Organisation for Economic Cooperation and Development (OECD), Employment Outlook 2023. © OECD

 
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Access the webcast from the OECD press conference on July 11, 2023, and data visualizations to be found at this QR code. © OECD