Conclusions of the Meeting of the OECD Council at Ministerial Level, 25-26 June 2009
Evaluation by the TUAC Secretariat
26/06/2009
"TUAC had called on OECD Ministers, meeting as the world economy
is trapped in the
worst economic crisis of our times, to tackle the deepening jobs
crisis, introduce a coordinated
and jobs-orientated international recovery plan, and to undertake a
paradigm shift and develop
a new model of sustainable economic growth for the future.
The Conclusions of the Ministerial Council start off by
recognising the role played by
years of unbalanced global growth, together with major failures in
the financial sector, in
creating the global crisis (§4). Importantly, in line with the OECD
Economic Outlook, the
Ministers state their commitment to continuing their “collective
supportive actions” to ensure
recovery. (§5)
On jobs, they identify the need for the recovery plans “to serve
people and address the
social and human dimensions of the crisis through support for the
most vulnerable, including
active labour market policies, skills development, income support,
effective social safety nets,
pensions…”. Additionally, they underline the need to counter “the
risk that job losses lead to a
rise in long-term unemployment” and to focus specifically on “the
needs of youth and older
workers”. Ministers state their commitment to “augmenting labour
supply in the long run”
and, importantly, “note the recent approval of the ILO Global Jobs
Pact”. (§6) ...
(full evaluation attached)
Related links:
- Meeting of the Council at Ministerial Level, 24-25 June 2009 - 2009 Ministerial Conclusions
- Meeting of the Council at Ministerial Level, 24-25 June 2009 - Declaration on Green Growth
- OECD Council at Ministerial Level, 24-25 June 2009 - Talking Points by John Sweeney, TUAC President
- A stronger, cleaner, fairer world economy: the OECD must act and change for the future - TUAC statement to the OECD Ministerial Council
- OECD improved Economic Oulook - No reason for complacency - Paris, 24 June 2009