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This annual edition of Labour Force Statistics provides detailed statistics on population, labour force, employment and unemployment, broken down by gender, as well as unemployment duration, employment status, employment by sector of activity and part-time employment. It also contains participation and unemployment rates by gender and detailed age groups as well as comparative tables for the main components of the labour force. Data are available for all 30 OECD countries and for OECD-Total, Euro area and EU15. The time series cover 20 years for most countries. It also provides information on

Labor supply -- Developing countries -- Statistics. --- Labor supply -- Statistics. --- Labor supply. --- Population --- Vital statistics

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Some critics of privatization argue that poor labor force restructuring is a key concern and that governments should establish better retrenchment programs. Using new data from a sample of 400 companies in the world, Chong and López-de-Silanes test competing theories about the wisdom of retrenchment programs and their effect on prices paid by buyers, and rehiring policies by private owners after privatization. The results show that adverse selection plagues retrenchment programs carried out by governments before privatization. Controlling for endogeneity, several labor retrenchment policies yield a negative impact on net privatization prices. In confirmation of the adverse selection argument, various types of voluntary downsizing lead to a higher frequency of rehiring of the same workers by the new private owners. Compulsory skill-based programs are the only type of program that is marginally associated with higher prices and lower rehiring rates after privatization, but the political and economic costs of this policy may make it somewhat impractical. While a qualified non-intervention policy appears to be the safest bet in labor retrenchment before privatization, another one might be to set up a social safety net or labor reallocation program before privatization, and then let the new private owners decide who is redundant and who is not. Setting up the program before privatization may help with the political viability of the process and letting the new owners manage the retrenchment may help avoid adverse selection. This paper--a product of Public Services, Development Research Group--is part of a larger effort in the group to understand the labor implications of public sector reform. The study was funded by the Bank's Research Support Budget under the research project "Public Sector Downsizing" (RPO 683-69).

Labor demand. --- Labor market. --- Labor supply.

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Some critics of privatization argue that poor labor force restructuring is a key concern and that governments should establish better retrenchment programs. Using new data from a sample of 400 companies in the world, Chong and López-de-Silanes test competing theories about the wisdom of retrenchment programs and their effect on prices paid by buyers, and rehiring policies by private owners after privatization. The results show that adverse selection plagues retrenchment programs carried out by governments before privatization. Controlling for endogeneity, several labor retrenchment policies yield a negative impact on net privatization prices. In confirmation of the adverse selection argument, various types of voluntary downsizing lead to a higher frequency of rehiring of the same workers by the new private owners. Compulsory skill-based programs are the only type of program that is marginally associated with higher prices and lower rehiring rates after privatization, but the political and economic costs of this policy may make it somewhat impractical. While a qualified non-intervention policy appears to be the safest bet in labor retrenchment before privatization, another one might be to set up a social safety net or labor reallocation program before privatization, and then let the new private owners decide who is redundant and who is not. Setting up the program before privatization may help with the political viability of the process and letting the new owners manage the retrenchment may help avoid adverse selection. This paper--a product of Public Services, Development Research Group--is part of a larger effort in the group to understand the labor implications of public sector reform. The study was funded by the Bank's Research Support Budget under the research project "Public Sector Downsizing" (RPO 683-69).

Labor demand. --- Labor market. --- Labor supply.

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Human capital --- Labor supply --- United States. --- Personnel management.

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As the world entered the 21st century, global skill shortages in many occupations were evident throughout the world. While these were mitigated by a global recession, there is no generally agreed upon method for measuring these shortages. This text discusses various theories of measurement. Using data from 19 developed countries in North America, Europe and the Pacific region, the authors explore the various aspects of skilled labour shortages, develop a methodology of measuring shortages by occupation and provide estimates of the likelihood of the occurrence of such shortages. They develop la

Labor supply. --- Skilled labor --- Globalization. --- Supply and demand.