Taskforce on Employment meeting, February 2014 | 1 SESSION 3: EMPLOYMENT PLANS AND PROGRESS REPORTING TASKFORCE ON EMPLOYMENT MEETING, FEBRUARY

Taskforce on Employment meeting, February 2014 | 2 Two-part discussion A.Employment plans in the G20 strategic context 1.AMBITIONS 2.COORDINATION WITH THE FINANCE TRACK B.Anticipating the deliverables 1.PRACTICALITIES OF DEVELOPING THE PLANS 2.ANTICIPATING KEY THEMES IN NEW COMMITMENTS

Taskforce on Employment meeting, February 2014 | 3 Leaders’ Declaration mandate ‘Develop country-specific plans or sets of actions on employment’ ‘We ask the Taskforce to coordinate the exchange of country-specific plans or sets of actions on employment’ ‘To develop country owned and country specific monitoring methodologies’

Taskforce on Employment meeting, February 2014 | 4 The strategic context Labour and Employment Ministers Brisbane Summit Framework Working Group Taskforce on Employment Leaders’ Summit Employment Plans Growth Strategies

Taskforce on Employment meeting, February 2014 | 5 Deliverables Ambitious reform commitments New measures to address key employment policy challenges Measures to address labour force participation, to support a ‘participation pillar’ Effective linkage to the growth strategies Employment Plans

Taskforce on Employment meeting, February 2014 | 6 Coordination with the Finance Track Discussion with Ms HK Holdaway (Australian Treasury)

Taskforce on Employment meeting, February 2014 | 7 Second-part discussion: anticipating the deliverables 1.Practicalities of developing the plans 2.Anticipating key themes in new commitments

Taskforce on Employment meeting, February 2014 | 8 Employment Plans & Growth Strategies – key dates DateEventObjectives February 5-6Taskforce on Employment meeting Agree ambition, format and timetable for employment plans February G20 Finance Deputies, Ministers and Central Bank Governors Meetings Consider thematic priorities for Growth Strategies March – week of the 10 th Framework Working Group meeting Consider sketches of Growth Strategies March 27-28Sherpa meeting Focussed thematic discussions April 10-11Taskforce on Employment meeting Discuss initial drafts of employment plans April (Washington) G20 Finance Deputies, Ministers and Central Bank Governors meetings Review progress on Growth Strategies Early May Submission of Comprehensive Growth Strategies Countries to provide their draft TFE input to their Growth Strategies June Joint meeting of G20 Sherpas and Finance Deputies Review ambition and effectiveness of Growth Strategies JulyTaskforce on Employment meeting Discuss final draft employment plans

Taskforce on Employment meeting, February 2014 | 9 Template – amendments for discussion Indicators Relationship with FWG processes Thematic challenges and opportunities Flexibility of the framework Comments

Taskforce on Employment meeting, February 2014 | 10 An Employment Policy Framework Pillars PlanksIllustrative examples Broad economic settings Macroeconomic policy  Medium-term monetary policy framework  Sustainable fiscal policy and automatic stabilisers Regulation, finance, incentives, investment and entrepreneurialism  Well-functioning product and financial markets, including access  Infrastructure and the investment environment  Incentives to work, save and invest (including taxation)  Support for small and medium-sized enterprises Education and training Schools  School completion  Youth transitions Apprenticeships, vocational training and universities  High quality, flexible apprenticeships  Demand-driven education and training Labour markets and social protection Labour market regulation  Wage bargaining arrangements and minimum wages  Collective bargaining  Employment protection legislation  Flexible working time  Labour mobility Social protection  Income support (unemployment insurance and other transfers)  Family-friendly policies  Social insurance Active labour market programs  Employment services and job search assistance  Labour market information systems  Wage subsidies and self-employment support  Training and job creation programs Policy measures targeting labour market disadvantage  Measures to support youth, women, long-term unemployed, single parents and others facing challenges in the labour market, including anti-discrimination measures  Addressing informality in the labour market  Regional and industry targeted programs

Taskforce on Employment meeting, February 2014 | 11 Options for progress reporting Employment Plans Integrate with the country- specific employment plans Survey Repeat the survey process undertaken in 2013 IO report IO report for Ministerial meeting, similar to 2013

Taskforce on Employment meeting, February 2014 | 12 Next steps Circulate revised template following discussion Coordinate with FWG on workforce participation commitments for their March meeting Prepare first draft employment plans for April TFE meeting