Five years after the Great Recession, industrialized countries are still down about 16 million jobs. And many of those without work are in need of a skills upgrade.
The Organization for Economic Cooperation and Development says the U.S. is trailing in education and that our companies are no longer more innovative than other countries
European Debt Crisis
The Organization for Economic Cooperation and Development warns the eurozone nations of severe recession risk, and calls on the European Central Bank to step in to stem the crisis.
The U.S. government has confirmed that the economy grew 3 percent last quarter, and that could mean that the U.S. economy and the European economy are going to diverge this year as the U.S. grows and Europe shrinks.
BBC World Service
Yesterday the Organization for Economic Cooperation and Development in Paris said the European Union would need to increase the amount of money in its bailout fund to more than a trillion dollars.