OECD Says Restrictive Contracts Impede Job Mobility Across 15 Countries
Updated
Updated · Newstalk ZB · Jul 8
OECD Says Restrictive Contracts Impede Job Mobility Across 15 Countries
3 articles · Updated · Newstalk ZB · Jul 8
Summary
A new OECD study spanning 15 countries, including New Zealand, found workers are not moving between jobs as smoothly as a productive economy requires.
Restrictive employment contracts were identified as the main barrier, with the OECD concluding those terms are limiting labor mobility.
The findings frame job-switching frictions as an economic efficiency problem, suggesting contract rules can weigh on broader productivity as well as individual career moves.