A better performing labour market for inclusive convergence in Croatia

Tim Bulman

No 1784, OECD Economics Department Working Papers from OECD Publishing

Abstract: Croatia’s labour market has made important progress over the past decade. Employment rates are rising, reducing the gap with OECD countries, and poverty has fallen. While important weaknesses remain, many dimensions of equity and working conditions are similar to OECD countries. Continuing this progress is essential for Croatia’s incomes and well-being to converge with OECD countries, to counter accelerating population ageing and to make the most of emerging opportunities, including from digitalisation and the green economy transition. For employers, filling increasingly advanced skill needs is a growing obstacle. Relatively few of the young and older adults are in work – contributing to weakening skills, lower incomes and higher poverty risks. Addressing these challenges will require dramatically expanding participation in re-skilling and adult education programmes, and raising the workforce’s flexibility, for example by strengthening active labour market policies, improving the housing market’s dynamism and making the most of immigrants’ and returned emigrants’ skills. This Working Paper relates to the 2023 OECD Economic Survey of Croatia.

Keywords: access to housing; active labour market policies; adult; demographics; education and training; pension policies; skills; social protection; wage setting (search for similar items in EconPapers)
JEL-codes: H24 H5 I2 I3 J11 J2 J3 J61 J65 R23 R31 (search for similar items in EconPapers)
Date: 2023-12-12
New Economics Papers: this item is included in nep-age, nep-lab and nep-tra
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Persistent link: https://EconPapers.repec.org/RePEc:oec:ecoaaa:1784-en

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