The OECD publication provides an in-depth review of recent labour market trends and short-term prospects in OECD countries. The report looks at recent labour market developments focusing on on vulnerable youth who are neither working nor in education or training. The size of this group has grown in recent years in many OECD countries and governments will need to take vigorous policy measures if they are to meet the target, recently adopted by G20 governments, of reducing the share of youth who are vulnerable by 15% by 2025. The report looks at if countries are doing enough to assure that workers are able to make full use of their skills on the job. It examines the short-term effects of structural reforms on employment and identifies successful strategies for reducing transition costs. Finally it discusses how to close the labour market gender gap in emerging economies, proposing a comprehensive policy response to the problem. The Outlook’s analysis and recommendations are complemented by a statistical annex.