This report is meant to contribute to achieving growth and employment goals, it begins by presenting a brief update on recent economic and labour market developments in the G20 (Section 1). A statistical annex (Annex A) presents additional information on recent labour market trends in G20 countries.
The report then turns to the question of the relationship between growth and employment and investigates whether the relationship has changed since the crisis (Section 2). In Section 3, the report examines a number of channels through which growth and employment interact and discusses how to make the feedback positive and stronger, recognizing that policy priorities will depend on individual country circumstances. Section 4 concludes.