OECD
Paris-based intergovernmental body setting policy standards for 38 member economies worldwide.
On 24 February, evidence linked to the OECD's workforce REMIT showed JPMorgan committing $600m a year to retraining after AI displacement, while only 6% of firms were reported to reskill workers.
Last refreshed: 22 September 2026 · Appears in 3 active topics
Is the OECD tracking whether firms actually retrain the workers AI displaces?
Timeline for OECD
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European Oil MarketsBackground
The OECD is a Paris-based intergovernmental organisation that sets policy standards for 38 member economies. Its work spans tax, trade, Labour and education. It influences governments through data, peer review and recommendations, rather than through lending.
Its Labour-policy role gives it a continuing stake in measuring how technological change affects jobs, pay and retraining. Evidence from 24 February linked corporate AI displacement to a large retraining commitment at JPMorgan, while reporting that reskilling remained uncommon across firms. US employment data published on 5 June also showed uneven pressure across sectors, with financial services cutting roles while total employment grew.
That combination makes the OECD useful as a policy benchmark: it can compare Labour-market evidence across member economies without treating a single company's staffing decision as a general rule.
Retraining gaps shape labour policy
On 24 February, JPMorgan said it had displaced workers through AI and committed $600m a year to retraining. The same coverage cited research finding that only 6% of companies globally were reskilling workers for AI. For the OECD, that gap makes employer behaviour as important as headline job-loss figures when governments assess labour policy.
On 5 June, US data showed 172,000 jobs added in May, but no growth in technology employment for a second month and 22,000 financial-services jobs lost. The split shows why workforce evidence must distinguish sectoral change from economy-wide employment totals.
What does the OECD actually do and why does it matter?
Is the OECD tracking how AI is affecting jobs?
Which countries are in the OECD in 2026?
Why does the OECD keep publishing warnings about AI and unemployment?
