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Employment Outlook 2020: Which countries, industries and workers will be hardest hit by the jobs crisis?

Facing the jobs crisis – Just Launched: Employment Outlook 2020

Unemployment has soared in the @OECD area since the start of the COVID-19 pandemic. Policymakers have taken action to safeguard workers and firms, but as the coronavirus crisis continues, more targeted action will be needed to stop the jobs crisis from becoming a social crisis.

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https://www.youtube.com/watch?v=FrQXQNU17d8

The COVID-19 pandemic has triggered one of the worst jobs crises since the Great Depression. There is a real danger that the crisis will increase poverty and widen inequalities, with the impact felt for years to come. Countries now need to do everything they can to stop this jobs crisis from turning into a social crisis. Reconstructing a better and more resilient labour market is an essential investment in the future and in future generations.

DISCOVER THE EMPLOYMENT OUTLOOK

Some countries hit worse than others

In some countries, employers used job retention programmes to cut hours while allowing workers to keep their pay and jobs; there, it is likely that the full impact of the pandemic is yet to be felt. 

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In others, there have been unprecedented leaps in unemployment, but many workers will return to their jobs (or to new ones) as economies re-open and activity picks up.

View unemployment rate from 2008 to 2020 by country and download PDFs of country notes.

 

COMPARE YOUR COUNTRY

Unemployment will remain high into 2021

Unemployment is projected to reach nearly 10% in OECD countries by the end of 2020, up from 5.3% at year-end 2019, and to go as high as 12% should a second pandemic wave hit. A jobs recovery is not expected until after 2021.

VIEW THE DATA STORY ON WORKING HOURS

 

Young people and women hit hard by jobs crisis

The COVID-19 crisis is having a greater impact on some workers than others. Young people and women are among those at greatest risk of joblessness and poverty. 

Visualise unemployment data by country to see which groups are most affected by the current jobs crisis.

VISUALISE THE DATA

 

 

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