Editorial -- Table of Contents -- 1. World of work outlook: The challenge of a job-rich recovery -- Main findings -- Introduction -- A. Employment snapshot -- B. Employment outlook -- C. Promoting a quality, job-rich and sustainable recovery: The way forward -- Appendix A Country groupings by type of recovery and income level -- Appendix B The impact of financial crises on employment: An empirical analysis -- Bibliography -- 2. Global social climate: Trends and challenges for policy -- Main findings -- Introduction -- A. Social climate since the start of the crisis -- B. Explaining changes in social climate: The role of unemployment and income inequality -- Policy considerations -- Appendix A Estimating the determinants of social unrest -- Bibliography -- 3. Job recovery intimes of constrained public finances -- Main findings -- Introduction -- A. The shift to fiscal austerity -- B. What do we know about the employment effects of fiscal policy in times of crisis? -- C. Fiscal austerity versus well-designed exit strategies -- Policy considerations -- Bibliography -- 4. Rebalancing global growth: The role of an income-led strategy -- Main findings -- Introduction -- A. Surplus economies: The challenge to rebalance sources of growth -- B. Policy options for addressing global imbalances and recovery of growth -- Policy considerations -- Appendix A List of deficit and surplus countries -- Appendix B Assessing rebalancing policies: A modelling exercise -- Bibliography -- 5. Reforming financefor more and better jobs -- Main findings -- Introduction -- A. A bumpy recovery for financial markets -- B. Reform options for long-term financial market stability -- C. The future of finance: Four scenarios -- Policy considerations -- Bibliography -- Recent publications -- List of tables, figures and boxes by chapter -- Figures -- Chapter 1.

Figure 1.1 Total employment 2008-10 (change from the previous quarter, percentages) -- Figure 1.2 Employment patterns since the start of the crisis -- Figure 1.3 Employment trends, by type of recovery (quarterly changes, percentages) -- Figure 1.4 Changes in total employment, by type of employment recovery and by country (percentages) -- Figure 1.5 Unemployment and long-term unemployment, 2008 to 2010 -- Figure 1.6 Change in employment composition among recovering countries -- Figure 1.7 Change in the employment structure, Q2 2009 to Q2 2008 (percentage points) -- Figure 1.8 Change in real wages, Q4 2007 to Q4 2009 (percentages) -- Figure 1.9 Percentage point change in the employment to population ratio Q1 2010 to Q1 2009 -- Figure 1.10 Discouraged workers and labour market withdrawal, 2009 to 2010 -- Figure 1.11 Time taken for youth employment to recover from earlier crises (years) -- Figure 1.12 Proportion of temporary workers aged 15-24 who could not find permanent employment, 2009 (percentages) -- Figure 1.13 Employment outlook in selected high-income countries, 2004-2015 -- Figure 1.14 Employment outlook in selected upper-middle-income countries,2007-2014 -- Figure 1.15 Employment outlook in selected lower-middle-income countries,2007-2012 -- Figure 1.16 Principal component analysis scores, by country and type of employment recovery as of 2009 -- Figure 1.17 Em ployment shares by type of worker in the Republic of Korea,1996-2002 (percentages) -- Figure 1.18 E mployment losses during the current crisis, by type (percentages) -- Chapter 2 -- Figure 2.1 Perceived improvement in standard of living,2009 vs. 2006 -- Figure 2.2 General global decline in life satisfaction after the crisis -- Figure 2.3 Lower confidence in government, especially among advanced and Central and Eastern European economies (percentages).

Figure 2.4 Recent trend in perception of unfairness (percentages) -- Figure 2.6 Income inequality associated with risk of social unrest -- Figure 2.7 Risk of social unrest highest with unemployment (odds of belonging to higher risk category for social unrest) -- Figure 2.8 Rising unemployment and perceived decline in quality of life (percentages) -- Chapter 3 -- Figure 3.1 Changes in the fiscal balance, 2007 vs. 2010 -- Figure 3.2 Sources of government revenues in advanced G20 countries (percentage of GDP) -- Figure 3.3 Composition of fiscal stimulus measures in G20 countries -- Figure 3.4 Average government bond spread over German government bonds in the euro area (July 2010) -- Figure 3.5 Changes in long-term interest rates vs. change in fiscal balance, 2007 to 2009 -- Figure 3.6 Net employment creation in sub-Saharan Africa relativeto degree of procyclicality of government spending,1991 to 2008 -- Figure 3.7 Estimated employment multiplier of government spending -- Figure 3.8 Estimated effects on job creation of diff erent policy options in selected advanced economies -- Figure 3. 9 Estimated employment effects of different spending policies, by level of the public debt ratio -- Figure 3.10 Estimated eff ects of different spending policies by level of the structural unemployment rate -- Figure 3.11 Estimated effects of different spending policies, by degree of financial stress -- Figure 3.12 Exit scenarios from the crisis -- Chapter 4 -- Figure 4.1 Change in wage share in trade surplus and deficit countries (1995-2000 and 2000-05) -- Figure 4.2 Household consumption, 1990-2008 (percentage of GDP) -- Figure 4.3 Declining wage share in India, 1993-2007 -- Chapter 5 -- Figure 5.1 Financial stress (1997-2009) -- Figure 5.2 Bank lending standards in advanced economies (2000-2010) -- Figure 5.3 Composition of capital inflows in emerging economies.

Figure 5.4 Bank credit to the private sector (percentage of GDP) -- Figure 5.5 Composition of liabilities in G20 countries (percentage of GDP) -- Figure 5.6 Public debt and financial market reforms -- Figure 5.7 Comparisons of employment levels -- Tables -- Chapter 1 -- Table 1.1 Employment gaps and recovery times in 68 countries by regions -- Table A2.1 Definitions and sources of variables used in the regression analysis -- Table A2.2 Regression results -- Table A2.3 Alternative estimators -- Chapter 2 -- Table 2.1 Documented instances of social unrest, 2009-10 -- Table 2.2 Risk of unrest compared with economic indicators -- Table A2.1 Definition and sources of variables used in the regression analysis -- Table A2.2 Ordered logistic regression results (dependent variable: risk of social unrest) -- Table A2.3 Predicted probabilities of risk of unrest -- Chapter 3 -- Table 3.1 Financial sector support in G20 countries (percentage of GDP) -- Table 3.2 Evolution of public debt and the fiscal balance in G20 countries -- Table 3.3 Fiscal stimulus vs. consolidation packages for G20 countries and selected EU countries -- Table 3.4 Details of fiscal consolidation programmes in G20 and EU countries -- Chapter 4 -- Table 4.1 Changes in unemployment rates as a result of three policy options for rebalancing the world economy -- Chapter 5 -- Table 5.1 Planned or existing financial market regulation (G20 countries) -- Table 5.2 Exit scenarios from the crisis -- Boxes -- Chapter 1 -- Box 1.1 Special focus on youth: Labour market detachment can have devastating and long-lasting effects on young menand women -- Box 1.2 Labour market de regulation during periods of crisis: The case of the Republic of Korea -- Chapter 2 -- Box 2.1 Economic downturns and social unrest: Lessons from history -- Chapter 3.

Box 3.1 The danger of procyclical fiscal policies for employment: The case of sub-Saharan Africa -- Chapter 4 -- Box 4.1 Wage pressures in Asia's global factories -- Box 4.2 Improving wage share through implementing and enforcing minimum wage legislation -- Chapter 5 -- Box 5.1 Earlier experiences with financial transaction taxes in Latin America.