The future of work: New evidence on job stability, under-employment and access to good jobs
The complex interplay of globalisation, technological and demographic changes is generating many new opportunities but also challenges for many workers across the OECD. This chapter provides new evidence on three selected topics that have featured prominently in the debate on the future of work: job stability, under-employment and changes in the share of well-paid jobs. The results point to worsening labour market outcomes for those with less than tertiary education and for the young in several countries. In fact, young workers with less than tertiary education stand out as a group that has experienced a pronounced decline in fortunes across a large number of countries. This raises a two-fold challenge. First, policies must promote better opportunities for school-leavers entering the labour market. Second, policies are needed to improve job prospects for the generation of young people who have faced a very tough labour market environment in the past decade.