Addressing labour and skills shortages in a fast-changing economy:
The Danish labour market is strong, but tensions have increased since the pandemic. The post-pandemic recovery boosted labour demand, but structural factors, such as late labour market entry by the young, changing skills requirements and obstacles to the recruitment of migrants, contribute to persis...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2024
|
| Schriftenreihe: | OECD Economics Department Working Papers
no.1811 |
| Schlagworte: | |
| Online-Zugang: | DE-863 |
| Zusammenfassung: | The Danish labour market is strong, but tensions have increased since the pandemic. The post-pandemic recovery boosted labour demand, but structural factors, such as late labour market entry by the young, changing skills requirements and obstacles to the recruitment of migrants, contribute to persistent shortages and impact the wider economy. Lowering the effective tax rate on labour income could reduce disincentives to higher working hours and to moving from part-time to full-time employment. Adapting the workplace to an ageing population and adjusting early retirement schemes could help to extend working lives. Targeting the tenth grade to students with greater learning needs, reducing student allowances and introducing an income-contingent loan system for master's students could also encourage faster entry into the labour market. There is room to increase the recruitment of foreign-born workers, as well as improving their integration. The demographic, digital and green transitions will transform jobs and skills requirements, demanding an agile education and training system throughout the working life. Encouraging vocational education and training, notably by facilitating mobility between vocational and academic tracks, would ensure strong skills in areas where workers are lacking. |
| Beschreibung: | 1 Online-Ressource (60 Seiten) 21 x 28cm. |
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| spelling | Klein, Caroline VerfasserIn aut Addressing labour and skills shortages in a fast-changing economy Caroline, Klein and Jonathan, Smith Paris OECD Publishing 2024 1 Online-Ressource (60 Seiten) 21 x 28cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.1811 The Danish labour market is strong, but tensions have increased since the pandemic. The post-pandemic recovery boosted labour demand, but structural factors, such as late labour market entry by the young, changing skills requirements and obstacles to the recruitment of migrants, contribute to persistent shortages and impact the wider economy. Lowering the effective tax rate on labour income could reduce disincentives to higher working hours and to moving from part-time to full-time employment. Adapting the workplace to an ageing population and adjusting early retirement schemes could help to extend working lives. Targeting the tenth grade to students with greater learning needs, reducing student allowances and introducing an income-contingent loan system for master's students could also encourage faster entry into the labour market. There is room to increase the recruitment of foreign-born workers, as well as improving their integration. The demographic, digital and green transitions will transform jobs and skills requirements, demanding an agile education and training system throughout the working life. Encouraging vocational education and training, notably by facilitating mobility between vocational and academic tracks, would ensure strong skills in areas where workers are lacking. Economics Denmark Smith, Jonathan MitwirkendeR ctb |
| spellingShingle | Klein, Caroline Addressing labour and skills shortages in a fast-changing economy Economics Denmark |
| title | Addressing labour and skills shortages in a fast-changing economy |
| title_auth | Addressing labour and skills shortages in a fast-changing economy |
| title_exact_search | Addressing labour and skills shortages in a fast-changing economy |
| title_full | Addressing labour and skills shortages in a fast-changing economy Caroline, Klein and Jonathan, Smith |
| title_fullStr | Addressing labour and skills shortages in a fast-changing economy Caroline, Klein and Jonathan, Smith |
| title_full_unstemmed | Addressing labour and skills shortages in a fast-changing economy Caroline, Klein and Jonathan, Smith |
| title_short | Addressing labour and skills shortages in a fast-changing economy |
| title_sort | addressing labour and skills shortages in a fast changing economy |
| topic | Economics Denmark |
| topic_facet | Economics Denmark |
| work_keys_str_mv | AT kleincaroline addressinglabourandskillsshortagesinafastchangingeconomy AT smithjonathan addressinglabourandskillsshortagesinafastchangingeconomy |