Labor Market Performance Analysis of OECD Countries

This article analyzed the labor market performance of 28 Organization for Economic Co-operation and Development (OECD) countries in 2018. The indicators of labor market performance were the unemployment rate, long-term unemployment rate, youth unemployment rate, youth not in employment, education or...

Full description

Saved in:
Bibliographic Details
Main Authors: Süheyla Erikli, Serap Pelin Türkoğlu
Format: Article
Language:English
Published: Istanbul University Press 2021-07-01
Series:Sosyal Siyaset Konferansları Dergisi
Subjects:
Online Access:https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/8F201C89ADE84362AF1B96D4D3485D9B
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This article analyzed the labor market performance of 28 Organization for Economic Co-operation and Development (OECD) countries in 2018. The indicators of labor market performance were the unemployment rate, long-term unemployment rate, youth unemployment rate, youth not in employment, education or training (NEET) rate, employment rate, employment participation rate, part-time employment rate, and temporary employment rate. The method of multi-objective optimization on the basis of simple ratio analysis (MOOSRA) was used, which is one of the multi-objective decision-making methods. The entropy method was preferred to determine the weighting of the criteria. It was concluded that the most successful labor performance in the 28 countries examined was found in Iceland, the Czech Republic, and Estonia, and the worst performance was in Spain, Italy, and Greece.
ISSN:1304-0103
2548-0405