Labour, goods and service markets

Post n°55
Published on 03/23/2018

By Benoit Mojon and Xavier Ragot

The weakness of wage inflation may result in part from the increasing participation of older workers in the labour market. Over the last two decades, the participation rate of workers aged 55 to 64 has increased from 33% to 55% on average across OECD countries. We observe that, since 2013, the countries where this increase in labour supply has been the largest have also experienced slower wage inflation.

Figure 1: Wage inflation and the participation of older workers in the G7
Post n°46
Published on 01/30/2018

By Pierre Sicsic and Antoine Sigwalt

According to administrative sources based on employer returns, salaried employment in France rose by more than 40 thousand in 2017Q3. Conversely, according to the household Labour Force Survey, the unemployment rate increased from 9.2% to 9.4% in metropolitan France. In principal, this divergence may be related to changes in the labour force. In practice, it is also the result of differences in the methods applied to measure quarterly employment variations.

Post n°41
Published on 12/19/2017

In France, flexibility in the labour market relies mainly on fixed-term and temporary workers. These workers are less well paid, receive less training and find it difficult to obtain permanent employment. This two-tier labour market creates social and economic problems. Public policies can be envisaged to favour transition to permanent contracts.