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Books > Business & Economics > Economics > Labour economics > Employment & unemployment
Why is unemployment higher in some countries than others? Why does
it fluctuate between decades? Why are some people at greater risk
than others?
Dale T. Mortensen and Christopher A. Pissarides are the recipients (with Peter Diamond) of the Nobel memorial Prize in Economics 2010. They have made path-breaking contributions to the analysis of markets with search and matching frictions, which account for much of the success of job search theory and the flows approach in becoming a leading tool for microeconomic and macroeconomic analysis of labor markets. Both scientists have gained groundbreaking insights through individual as well as joint research. Consequently, this volume not only features several papers which helped shape the equilibrium search model, including some early contributions which have initiated the research on what is known today as the search and matching model of the labor market, but it also presents a joint paper by the IZA Prize Laureates, which is a complete statement of the equilibrium search and matching model with endogenous job creation and job destruction. As part of the IZA Prize Series, the book presents a selection of their most important work which has highly enriched research on unemployment as an equilibrium phenomenon, on labor market dynamics, and on cyclical adjustment.
With These Hands documents the farm labor system through the presentation of a collection of voices--workers who labor in the fields, growers who manage the multi-billion dollar agricultural industry, contractors who link workers with growers, coyotes who smuggle people across the border, union organizers, lobbyists, physicians, workers' families in Mexico, farmworker children and others. The diversity of stories presents the world of migrant farmworkers as a complex social and economic system, a network of intertwined lives, showing how all Americans are bound to the struggles and contributions of our nation's farm laborers.
In People Must Live by Work, Steven Attewell presents the history of an idea-direct job creation-that transformed the role of government in ameliorating unemployment by hiring the unemployed en masse to prevent widespread destitution in economic crises. For ten years, between 1933 and 1943, direct job creation was put into practice, employing more than eight million Americans and making the federal government the largest single employer in the country. Yet in 2008, when the most dramatic economic crisis since the Depression occurred, the idea of direct job creation was nowhere to be found on the list of policies deemed feasible or advisable for government at any level. People Must Live by Work traces the rise and fall of direct job creation policy-how it was put into practice, how it came within a hairbreadth of becoming a permanent feature of American economic and social administration, and why it has been largely forgotten or discounted today. Contrary to more conventional arguments, Attewell reveals that the New Deal ended the Great Depression before the United States entered World War II and its jobs programs continued to influence policy debates over the Employment Act of 1946. He examines the deliberations surrounding the Humphrey-Hawkins Full Employment Act that was signed into law in 1978 and demonstrates the ways in which direct job creation played a significant and polarizing role in dividing the economic establishment and the Democratic party in the 1970s. People Must Live by Work not only chronicles the ambition, constraints, and achievements of direct job creation policy in the past but also proposes a framework for understanding its enduring significance and promise for today.
This thought-provoking study of academic job markets over the next quarter century uses rigorous analysis to project substantial excess demand for faculty starting in the 1997-2002 period. Particularly severe imbalances are projected in the humanities and social sciences. Contrary to popular impressions, however, these projected shortages are not caused by any unusual "bunching" of retirements. The authors' discussion of factors affecting the outlook for academic employment includes information on changes in the age distributions of faculties, trends in enrollment, shifts in the popularity of fields of study, changes in the faculty-student ratio, and the continuing increase in the time spent by the typical graduate student in obtaining a doctorate. This work will appeal to a broad audience. It will be essential reading for those who are responsible for determining the size and character of graduate programs in universities, for aspiring academics who are looking for a sense of their job prospects, for college and university faculty members and administrators who must recruit new colleagues, and for those interested in the federal role in higher education. Originally published in 1989. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These paperback editions preserve the original texts of these important books while presenting them in durable paperback editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
This broad survey of unemployment is a benchmark summary of the authors position which became hugely influential. This second edition brings the analysis up to date by relating it to recent empirical developments. This book is a major source of reference for both scholars and students.
This book lifts the veneer of 'employability', to expose serious problems in the way that future workers are trying to manage their employability in the competition for tough-entry jobs in the knowledge economy; in how companies understand their human resource strategies and endeavor to recruit the managers and leaders of the future; and in the government failure to come to terms with the realities of the knowledge-based economy. The demand for high-skilled, high waged jobs, has been exaggerated. But it is something that governments want to believe because it distracts attention from thorny political issues around equality, opportunity, and redistribution. If it is assumed that there are plenty of good jobs for people with the appropriate credentials then the issue of who gets the best jobs loses its political sting. But if good jobs are in limited supply, how the competition for a livelihood is organized assumes paramount importance. This issue, is not lost on the middle classes, given that they depend on academic achievement to maintain, if not advance the occupational and social status of family members. The reality is that increasing congestion in the market for knowledge workers has led to growing middle class anxieties about how their off-spring are going to meet the rising threshold of employability that now has to be achieved to stand any realistic chance of finding interesting and rewarding employment. The result is a bare-knuckle struggle for access to elite schools, colleges, universities and jobs. This book examines whether employability policies are flawed because they ignore the realities of 'positional' conflict in the competition for a livelihood, especially as the rise of mass higher education has arguably done little to increase the employability of students for tough-entry jobs. It will be of interest to anyone looking to understand the way knowledge-based firms recruit and how this is influenced by government policy, be they Researchers, Academics and Students of Business and Management, Industrial Relations, Human Resource Management, Politics or Sociology; Human Resource Management or Recruitment Professionals; or job candidates.
Comparing the effects of unemployment and inadequate employment relative to adequate employment, this text studies their effects on self-esteem, alcohol abuse, depression, and birth weight. Using longitudinal methods, it measures controls for reverse causation (selection) and studies a large representative sample of Americans from their late teens in 1979, to their early 30's in the last decade of the twentieth century through stages of different business cycles. The results point to a rethinking of employment status as a continuum.
This companion report to the World Development Report (WDR) 2019: The Changing Nature of Work addresses the key themes of creating productive jobs and addressing the needs of those left behind.
During the last twenty years vast numbers of working age men have moved completely out of the labor market into "early retirement" or "long-term sickness" and to take on new household roles. These trends contrast greatly to rising labor market participation among women. Based on research in the U.K. presented in an international perspective, this book offers a detailed exploration of the varied circumstances "detached men" are living in and challenges assumptions about the true state of the labor market.
While joblessness is by no means a phenomenon specific to this century, the concept of 'unemployment' is. This book follows the invention and transformation of unemployment, understood as a historically specific site of regulation. Taking key aspects of the history of unemployment in Britain as its focus, it argues that the ways in which authorities have defined and sought to manage the jobless have been remarkably varied. In tracing some of the different constructions of unemployment over the last 100 years - as a problem of 'character', as a social 'risk', or today, as a problem of 'skills' - the study highlights the discursive dimension of social and economic policy problems. The book examines such institutionalized practices as the labour bureau, unemployment insurance, and the 'New Deal' as 'technologies' of power. The result is a challenge to our thinking about welfare states.
This book presents a revisionist view of monetary policy and monetary regimes. It presents several new mechanisms, indicating that money affects long-term production. The consequent policy implications are also discussed, including: the uses of monetary policy and monetary regimes in achieving macroeconomic goals; the impact of an independent central bank; the effects of a movement from floating exchange rates to fixed exchange rates in a monetary union. In addition to the theoretical and policy discussions the book also contains a comprehensive survey of the current state of scholarship in this area.
Peripheralizing DeLillo tracks the historical arc of Don DeLillo's poetics as it recomposes itself across the genres of short fiction, romance, the historical novel, and the philosophical novel of time. Drawing on theories that capital, rather than the bourgeoisie, is the displaced subject of the novel, Thomas Travers investigates DeLillo's representation of fully commodified social worlds and re-evaluates Marxist accounts of the novel and its philosophy of history. Deploying an innovative re-periodisation, Travers considers the evolution of DeLillo's aesthetic forms as they register and encode one of the crises of contemporary historicity: the secular dynamics through which a society organised around waged work tends towards conditions of under- and unemployment. Situating DeLillo within global histories of uneven and combined development, Travers explores how DeLillo's treatment of capital and labour, affect and narration, reconfigures debates around realism and modernism. The DeLillo that emerges from this study is no longer an exemplary postmodern writer, but a composer of capitalist epics, a novelist drawn to peripheral zones of accumulation, zones of social death whose surplus populations his fiction strives to re-historicise, if not re-dialecticise as subjects of history.
This book helps explain one of the most intriguing and politically salient puzzles in comparative political economy: why some countries have much higher unemployment rates than others. Contrary to new classical economics the focus is on explaining distribution and equilibrium unemployment, and contrary to neo-corporatist theory the role of monetary policy and rational expectation is integral to the analysis. The book makes two central arguments. The first is that monetary policies affect equilibrium employment whenever wages are set above the firm level. The second argument focuses on the distributive effects of different institutions, and models institutional design as a strategic game between partisan governments and cross-class alliances of unions and employers.
Americans claim a strong attachment to the work ethic and regularly profess support for government policies to promote employment. Why, then, have employment policies gained only a tenuous foothold in the USA? To answer this question, Margaret Weir highlights two related elements: the power of ideas in policy-making and the politics of interest formation. Rather than seeing policy as a straightforward outcome of public preferences, she shows how ideas frame problems and how interests form around possibilities created by the interplay of ideas and politics. By examining Keynesian macroeconomic policy in the 1930s and 1940s, labour market policies in the 1960s and 1970s, and efforts to develop new planning mechanisms in the late 1970s, Weir shows how early decisions restricted the scope for later initiatives. As a result, policies in the 1960s emphasized racial differences and thus drew opposition for creating special interest measures for Afro-Americans.
The COVID-19 pandemic has dealt a severe blow to human capital. This report presents new evidence and analysis to provide a comprehensive diagnostic of the effects of the pandemic on human capital outcomes and identify promising policy responses for governments faced with the task of rebuilding human capital in the wake of the pandemic. The report identifies the mechanisms through which COVID-19 affected the human capital of people at different points in the life cycle and provides estimates of the magnitude of these losses. This analysis underlines differences in impact across countries and groups within countries to understand how the reported blow on human capital has been unequal, exacerbating existing gaps and creating new ones. Grounded in the diagnostic, the report discusses policy responses that attend to afflicted groups in the short-term as well as the medium- to long-term agenda to build back better human capital and make systems more resilient. The long-term policy discussion recognizes COVID-19 as an inflection point, using the opportunity to reimagine systems and institutions, thinking in a completely different way about some key issues. In conclusion, the report reflects on what we have learned from failed policy responses as well as the innovations that proved successful across sectors in preventing or mitigating human capital losses associated with the COVID-19 crisis, and how these lessons can be incorporated across sectors going forward.
The single most important change in the British labour market over the last two decacdes has been the re-emergence of mass unemployment. This study focuses on six areas: Aberdeen, Kirkcaldy, Rochdale, Coventry, Northampton, and Swindon, and investigates the effect of being unemployed on individuals' attitudes to work, their social relationships, and their psychological health. It covers the ground, using large-scale surveys that allow direct comparison with people in employment and taking into account a wide range of variables.
The single most important change in the British labour market over the last two decacdes has been the re-emergence of mass unemployment. This study focuses on six areas: Aberdeen, Kirkcaldy, Rochdale, Coventry, Northampton, and Swindon, and investigates the effect of being unemployed on individuals' attitudes to work, their social relationships, and their psychological health. It breaks entirely new ground, using large-scale surveys that allow direct comparison with people in employment and taking into account a wide range of variables. It will become a standard work of reference on the subject.
While colonial imposition of the Canadian legal order has undermined Indigenous law, creating gaps and sometimes distortions, Indigenous peoples have taken up the challenge of rebuilding their laws, governance, and economies. Indigenous conceptions of land and property are central to this project. Creating Indigenous Property identifies how contemporary Indigenous conceptions of property are rooted in and informed by their societally specific norms, meanings, and ethics. Through detailed analysis, the authors illustrate that unexamined and unresolved contradictions between the historic and the present have created powerful competing versions of Indigenous law, legal authorities, and practices that reverberate through Indigenous communities. They have identified the contradictions and conflicts within Indigenous communities about relationships to land and non-human life forms, about responsibilities to one another, about environmental decisions, and about wealth distribution. Creating Indigenous Property contributes to identifying the way that Indigenous discourses, processes, and institutions can empower the use of Indigenous law. The book explores different questions generated by these dynamics, including: Where is the public/private divide in Indigenous and Canadian law, and why should it matter? How do land and property shape local economies? Whose voices are heard in debates over property and why are certain voices missing? How does gender matter to the conceptualization of property and the Indigenous legal imagination? What is the role and promise of Indigenous law in negotiating new relationships between Indigenous peoples and Canada? In grappling with these questions, readers will join the authors in exploring the conditions under which Canadian and Indigenous legal orders can productively co-exist.
Looking for jobs and careers with top American employers--the companies that are recruiting and hiring today? Job seekers rely on our complete profiles of the 500 fastest-growing, major corporate employers in America today--companies creating the best job opportunities. This reference book includes hard-to-find information, such as benefit plans, stock plans, salaries, hiring and recruiting plans, training and corporate culture, growth, new facilities, research & development, fax numbers and Internet addresses. We rate over 100 firms as "Hot Spots" for advancement opportunities for women and minorities. In addition, The Almanac of American Employers includes a job market trends analysis and 7 Keys For Research. We give indices by career type, locations, industry and more. Whether you're a new college graduate seeking the best salaries, training and advancement opportunities, or an experienced executive, this will be your complete reference to today's hottest companies. You'll find a complete overview, industry analysis and market research report in one superb, value-priced package.
THRIVE IN THE FUTURE OF WORK provides a journey through the realities, implications and solutions for the rapidly changing world of work we live in today. It is not trying to be the remedy for future of work success. It is a practical account of what we know so far from those who have been there - and both a guide and an invitation for you to explore what your path will be towards future of work readiness and fulfilment. The book is presented in four parts across 10 chapters. Each chapter provides a mix of facts, research, case studies, tools and prompts to help readers address the question of what they can do in practical terms to help future-proof themselves and ytheir organisations in the changing world of work. Part 1: "The Changing World of Work and the Agility Challenge" examines the shifts and trends apparent in the world of work and how they have intensified in recent years. We explore what the Future of Work means in practical terms and how can it be broken down at individual and organisational level. The case for Agility as a core capability for future of work readiness is discussed and we explore the challenges and benefits of Agility and how it can be managed. Part 2: "Future-Fit and Future-Ready" focuses on Future of Work readiness and Agility at the individual level. We look at the elements and benefits of an agile mindset - and skillset - and how these can help to proactively manage uncertainty and change with purpose and confidence. The research-based elements of personal agility are explored to demonstrate how individuals can - and already are - successfully navigating the challenges and opportunities presented by the changing world of work. Part 3: "The Future-Ready Organisation" explores the practical realities and implications of the Future of Work at the wider organisational level. We discuss the emergence of a New Employment Deal, as well its implications, challenges and opportunities for leaders, employees and for HR. We look at the future role of the leader and of HR in shaping the new world of work. Part 4: "A Call to Action for the Future" examines the emerging choices for navigating the Future of Work at the societal level, especially in relation to areas such as ESG, education and employment policy. We explore what is needed from all of us as a society to proactively create a work environment where no one is left behind and for "good work" to thrive into the future. Finally, Your Call to Action summaries the key messages from the book and outlines five practical steps readers can take in navigating their own path into the Future of Work.
In this vibrant new history, Phil Tiemeyer details the history of men working as flight attendants. Beginning with the founding of the profession in the late 1920s and continuing into the post-September 11 era, "Plane Queer "examines the history of men who joined workplaces customarily identified as female-oriented. It examines the various hardships these men faced at work, paying particular attention to the conflation of gender-based, sexuality-based, and AIDS-based discrimination. Tiemeyer also examines how this heavily gay-identified group of workers created an important place for gay men to come out, garner acceptance from their fellow workers, fight homophobia and AIDS phobia, and advocate for LGBT civil rights. All the while, male flight attendants facilitated key breakthroughs in gender-based civil rights law, including an important expansion of the ways that Title VII of the 1964 Civil Rights Act would protect workers from sex discrimination. Throughout their history, men working as flight attendants helped evolve an industry often identified with American adventuring, technological innovation, and economic power into a queer space.
Adoption of better technologies can generate better and more jobs for Senegal's growing population. The book recommends policies to ensure availability of affordable digital infrastructure and to promote use of better technologies by firms as well as to narrow deepening digital divides across enterprises and households.
The argument that digitalization fosters economic activity has been strengthened by the global COVID-19 pandemic. Because digital technologies are general-purpose technologies that are usable across a wide variety of economic activities, the gains from achieving universal coverage of digital services are likely to be large and shared throughout each economy. However, the Middle East and North Africa region suffers from a "digital paradox+?: the region's population uses social media more than expected for its level of gross domestic product (GDP) per capita but uses the internet or other digital tools to make payments less than expected. The Upside of Digital for the Middle East and North Africa: How Digital Technology Adoption Can Accelerate Growth and Create Jobs presents evidence that the socioeconomic gains of digitalizing the economies of the region are huge: GDP per capita could rise by more than 40 percent; manufacturing revenue per unit of factors of production could increase by 37 percent; employment in manufacturing could rise by 7 percent; tourist arrivals could rise by 70 percent, creating jobs in the hospitality sector; long-term unemployment rates could fall to negligible levels; and female labor force participation could double to more than 40 percent. To reap these gains, universal access to digital services is crucial, as is their widespread use for economic purposes. The book explores how fast the region could approach universal coverage, whether targeting the rollout of digital infrastructure services makes a difference, and what is needed to increase the use of digital payment tools. The authors find that targeting underserved populations and areas can accelerate the achievement of universal access, while fostering competition and improving the functioning of financial and telecommunications sectors can encourage the adoption of digital technologies. In addition, building societal trust in the government and in related institutions such as banks and financial services is critical for fostering the increased use of digital payment tools. |
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