In the OECD forums countries exchange information and knowledge, devise methods for confronting economic problems, identify and formulate standards of appropriate conduct in all the relevant economic areas, and develop ways of improving coordination and cooperation  2  BIS Review 121/2006  between them. Representatives of member countries operate within a framework of some 200 specialist committees in the various policy areas.
As you know, the last two months saw slower reported payroll gains of about 140,000 per month. While this step-down is somewhat disappointing, the pace of job growth is still sufficiently strong gradually to erode slack in the labor market, and the prospects for further labor market improvement look good overall.