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...

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Bibliographic Details
Main Authors: ERİKLİ, Suheyla, TÜRKOĞLU, Serap Pelin
Format: Article in Journal/Newspaper
Language:English
Published: İstanbul Üniversitesi 2021
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/iusskd/issue/64056/872367
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. Çalışmanın amacı Ekonomik Kalkınma ve İşbirliği Örgütü’ne (OECD) üye 28 ülkenin 2018 yılına ait işgücü piyasa performansını analiz etmektir. Analizde söz konusu ülkelerin “işsizlik oranı”, “uzun süreli işsizlik oranı”, “istihdam oranı”, “işgücüne katılma oranı”, “geçici istihdam oranı”, “part time istihdam oranı”, “genç işsizlik oranı” ve “istihdamda ve eğitimde olmayanların oranı” olmak üzere sekiz kriter belirlenmiştir. Analiz yöntemi olarak çok kriterli karar verme yöntemlerinden biri olan MOOSRA (Multi-Objective Optimization on The Basis of Simple Ratio Analysis) kullanılmıştır. Değerlendirilen kriterlerin ağırlıklarının belirlenmesinde Entropi yöntemi tercih edilmiştir. Analiz sonucunda en yüksek işgücü piyasası performansı İzlanda, Çek Cumhuriyeti, Litvanya ve Estonya’ya aitken; en düşük performans gösteren OECD ülkelerinin İspanya, İtalya ve Yunanistan olduğu tespit edilmiştir.