Editorial: Globalisation: coping with the challenge -- Introduction: short-term employment prospects -- 1. Trade adjustment costs in OECD labour markets: a mountain or a molehill? -- 2. How persistent are regional disparities in employment? The role of geographic mobility -- 3. Increasing financial incentives to work: the role of in-work benefits -- 4. Labour market programmes and activation strategies: evaluating the impacts -- 5. Public employment services: managing performance -- Statistical annex -- List of boxes -- List of tables -- List of charts.

The OECD Employment Outlook 2005 presents OECD's latest review of labour market trends and issues. In addition to its regular overview of labour markets in OECD countries and its comprehensive statistical annex, this edition also includes articles covering trade adjustment costs in OECD labour markets, regional disparities in labour markets, the role of in-work benefits in increasing employment, and evaluating the impact of labour market programmes and public employment services.