Multinationals have global reach in their search for profits; women, even more than men, are confined to their immediate community in their search for jobs. This book examines the interaction between multinationals and women in UK, Ireland, France and Germany, looking at inward investment by US and Japanese multinationals, as well as outward investment by European multinationals.

The idea was simple: pack a suitcase, go to another city where you have no connections and try to find a job, anonymously. That was the idea that took Florence Aubenas - one of France's most accomplished undercover journalists - on a journey into the worst recession since the Great Depression. Day after day she searched for work, one unemployed worker among others, with no special skills or qualifications. She immersed herself in the crowd of job seekers, going from one employment office to another, eventually managing to cobble together a few hours working as a night cleaner on a ferry that crossed the English Channel. For many people the global financial crisis seems real enough but remote from their daily lives. They have little sense of what it really means to be unemployed in the midst of a recession. Florence Aubenas was determined to find out. This book is the story of her journey. The Night Cleaner became an instant number one bestseller in France and has subsequently become a bestseller in many countries throughout the world. Better than any academic treatise on the topic, this book shows what recession means today.

Covering the development of the U.S. labor market from 1880-1940, The Fictitious Commodity stresses relations of authority (versus power) in employment. Deemphasizing concepts of market and contract, Korver focuses on the differential statuses of employer/employee and demonstrates the inadequacy of conventional economic discourse on labor market analysis. U.S. companies, while undergoing rapid industrialization, tackled both organizational and technological problems. According to Korver, unskilled labor was the common root to these problems. Emphasizing the importance of this usually forgotten category, Korver's history of the U.S. labor market is seen through America's unskilled labor--its vicissitudes and its varying options of citizenship. In 19th-century America unskilled labor was both expensive and in short supply. According to Korver, new immigration coupled unskilled labor with the novel option of citizenship. Removing its segregated status, new immigration became an integral part of the emerging world of mass production. Korver demonstrates how the ground was prepared technologically by connecting mechanization and standardization. Bureaucratization of employment relationships, development of industrial unionism, and social security serve to illustrate the organizational integration of the new immigrant. Advanced students and researchers in the field of labor economics, labor history, and the sociology of labor markets will appreciate Korver's unique approach to the history of the American labor market.

Sebastian Dullien gives a novel explanation for unemployment and inflation in the Euro-Zone. He argues that unemployment stems from a lack of cooperation between unions and monetary authorities: In an economy with endogenous money as EMU, wage setters are responsible for price stability while the central bank is responsible for the level of output. Cooperation between both actors is necessary for high employment and low inflation. The current institutional set-up is found to be unable to assure cooperation.

The object of this study is to clarify why and how it happened that women remained marginal in the processes of social change that took place during the development of Israeli society. Bernstein examines the role played by continuous unemployment, by the predominance of construction work, and by the dependence on the World Zionist Organization and the Mandate authorities. She also shows how the individual and collective achievements of women shaped the means for future achievements and how their failure impeded further efforts. The author demonstrates that their failure to change the status of women did not stem from any sort of biological imperative, nor from some inevitable trend of social movements towards conservatism, but rather from the power relations between the women who aspired to change and those who opposed it. The aspiration for change was real and ran deep, but its advocates were few and weak, while its adversaries--and the apathetic-- were numerous and strong. And, the struggle took place under economic conditions that would have made significant change difficult even if the balance of power had been more favorable. Finally, the author demonstrates how the movement for innovation and change lost its impetus, and conservative elements won.

This timely analysis examines the complex state of youth unemployment across Europe and offers cogent policy suggestions for addressing this longstanding societal problem. The findings reveal numerous national and regional factors affecting youth joblessness-not only market and economic challenges, but also deep sociocultural and political dynamics underlying the situations. Coverage details how the standard transition from school to work is disrupted in an already depressed adult job market, and compares a wide range of responses in terms of both young people's educational decision-making and national youth policy. In particular, contributors assess whether the current crop of Youth Guarantee programs can/should be a model for employment policy across the continent. Among the topics covered: Youth labour market prospects and recent policy developments. Youth labour market in Central and Eastern Europe. Early school dropout in Spain: evolution during the Great Recession. Overeducation among European university graduates: a constraint or a choice? Promoting youth employment in Europe: evidence-based policy lessons. The evaluation of a Finnish youth guarantee: lessons for Europe? European Youth Labour Markets is of interest to an international audience of economists, sociologists, and leaders in governmental, non-profit, and corporate sectors through its broad and comparative macroeconomic focus and implications for policymaking, research, resource allocation, and policy evaluation.

Job loss is one of the most important issues in the capitalist world today: endless reports document the increasing scale of unemployment. This title, first published in 1982, adopted a new approach to the geography of job loss, to assess why redundancy happens and where. Massey and Meegan argue that an increase in dismissal does not necessarily mean that an industry is in decline; rather, it can be the result of a variety of issues, including production for profit and the relationship between industry and location. Throughout the book, discussions about theory and methodology are complemented by industry-based case studies. This title addresses issues of particular relevance to today's economic climate, and will be particularly valuable to students with an interest in employment and job loss, and industrial labour and profitability.

Does flexible working really provide a better work-life balance? Throughout the COVID-19 pandemic, flexible working has become the norm for many workers. This volume offers an original examination of flexible working using data from 30 European countries and drawing on studies conducted in Australia, the US and India. Rather than providing a better work-life balance, the book reveals how flexible working can lead to exploitation, which manifests differently for women and men, such as more care responsibilities or increased working hours. Taking a critical stance, this book investigates the potential risks and benefits of flexible working and provides crucial policy recommendations for overcoming the negative consequences.

First published in 1922, Hobson's study of the depression and resulting unemployment in the aftermath of the First World War is a far-sighted analysis which looks beyond the consequences of the war itself, at the root economic causes of the crisis. Dealing with issues such as the failure of consumption, trade fluctuations, the balance of spending and saving, and spiralling credit as factors which lay at the root of the depression, Hobson's study is a document of considerable economic, social and historical value, which still has much to teach the modern reader, whether interested layperson or student of economics.

First published in 1896, this seminal work considers the Question of the Unemployed at the height of imperialist capitalism. Hobson proposes a controversial theory of social progress, which argues that unemployment is a natural and necessary result of the mal-distribution of consumption power. In a comprehensive assessment of the practicalities of capitalism, The Problem of the Unemployed considers the root causes and meaning of unemployment and possible solutions to the issue.

This is a theoretical discussion and internal critique of mainstream law and economics scholarship, especially as it approaches the issue of paternalism. Cserne discusses how, and to what extent, economic analysis can explain and/or justify the limitations on freedom of contract, with special emphasis on paternalism.

First published in 1922, Hobson's study of the depression and resulting unemployment in the aftermath of the First World War is a far-sighted analysis which looks beyond the consequences of the war itself, at the root economic causes of the crisis. Dealing with issues such as the failure of consumption, trade fluctuations, the balance of spending and saving, and spiralling credit as factors which lay at the root of the depression, Hobson's study is a document of considerable economic, social and historical value, which still has much to teach the modern reader, whether interested layperson or student of economics.

Unemployment is one of the most politically explosive issues in China and has gained further prominence as a result of the present global financial crisis. The novelty, urgency, and complexity of Chinese unemployment have compelled the government to experiment with policy initiatives that originate in the West, initiatives such as training programmes, career and psychological counselling, a web-based national labour-market information network, and labour-market insurance, and also other employment-related initiatives such as using community (shequ) organizations as the base for new mechanisms of governance and informal job generation. This book examines these initiatives which represent China's attempt to institutionalize, professionalize and humanize its approach to governance, drawing heavily on international norms and standards in employment regulation. Based on extensive original research including semi-structured interviews, the book argues that although the Chinese government is not a liberal democracy, it is increasingly using liberal techniques to govern. The book discusses the ways in which the government combines the new techniques with old campaign-style policy techniques, which not only makes the state's power visible, but also allows it to claim credit for managing unemployment.

This book consists of four parts: I. Labour demand and supply, II. Productivity slowdown and innovative activity, III. Disequilibrium and business cycle analysis, and IV. Time series analysis of output and employment. It presents a fine selection of articles in the growing field ofthe empirical analysis of output and employment fluctuations with applications in a micro-econometric or a time-series framework. The time-series literature recently has emphasized the careful testing for stationarity and nonlinearity in the data, and the importance of cointegration theory. An essential part of the papers make use of parametric and non-parametric methods developed in this literature and mostly connect their results to the hysteresis discussion about the existence of fragile equilibria. A second set of macro approaches use the disequilibrium framework that has found so much interest in Europe in recent years. The other papers use newly developed methods for microdata, especially qualitative data or limited dependent variables to study microeconomic models of behaviour that explain labour market and output decisions.

This book has three purposes. First, to convince professional economists who study the behaviour of the economic system as a whole that they must re-examine some of the assumptions behind the reigning economic theories. Second, to explain to the general public why the currently fashionable economic policies cannot solve the problem of massive long term unemployment. Third, to show that if people's political engagement is revived there is hope for escaping from the economic morass and moral wasteland into which, ever since the 1970s, the fashionable policies have been leading us. To elucidate the theoretical problem the authors pass in review several recent structural developments and consider their effect on the economy. To encourage renewed public political engagement they draw attention to the risks involved in allowing things to drift on in the present direction. The avowed purpose of the book imposes the need to present it in a manner accessible at once to professional macroeconomists and to a wider public ofpeople concerned about today's malaise, politicians, sociologists or philosophers and others. This imposes the need not to encumber readers with the customary glut of academic references in the text, and to refer only to the best known and politically most influential theories and to authors who are also widely known to people who are not professional economists.

This chapter has set out in detail the models which are employed below in order to analyse the labour market effects of changes in tax rates and in alterations in the tax structure. The fundamental mechanisms underlying the different approaches have been pointed out. Moreover, vital assumptions have been emphasised. By delineating the models which are used for the subsequent analyses, implicitly statements have also been made about topics or aspects which this study does not cover. For example, all workers and firms are identical ex ante. However, ex-post differences are allowed for, inter alia, if unemploy ment occurs or if some firms have to close down. These restrictions indicate areas of future research insofar as that the findings for homogeneous workers or firms yield an unambiguous proposal for changes in tax rates or the tax structure in order to promote employment. This is because it would be desir able for tax policy to know whether the predicted effects also hold in a world with ex-ante heterogeneity. Furthermore, the product market has not played a role. Therefore, repercussions from labour markets outcomes on product demand - and vice versa - are absent. 55 Moreover, neither the process of capital accumulation, be it physical or human capital, nor substitution pos sibilities between labour and capital in the firms' production function are taken into account. Finally, international competition is not modelled."

The contributions in this volume, by leading economists from major universities in Europe and USA, cover research at the front line of econometric analysis and labour market applications. The volume includes several papers on equilibrium search models (a relatively new field), and job matching, both seen from a theoretical and from an applied point of view. Methods on and empirical analyses of unemployment durations are also discussed. Finally, a large group of papers examine the structure and the dynamics of the labour market in a number of countries using panel data. This group includes papers on data quality and policy evaluation. The high unemployment in most countries makes it necessary to come up with studies and methods for analysing the impact of different elements of economic policies. This volume is intended to contribute to further development in the use of panel data in economic analyses.

This book investigates the extent to which the European Union intervenes, and should intervene, in domestic labour law. It examines the stated and potential rationales for EU intervention, and argues that there are considerable merits to be derived from separating out the integrationist, economic and social arguments which have been deployed in defence of EU intervention. It critically considers the competence of the EU to act in this field, and seeks to demonstrate that proper regard for the subsidiarity and proportionality principles can contribute to the legitimacy of the EU. The book is informed by the ongoing debate on governance in Europe, and aims to provide insights into the implications of shifts in policy-making technique. From the governance perspective, labour law is a particularly useful focus of study, given the range of traditional and new approaches to governance which have been attempted, from harmonisation through framework measures to the open method of coordination, and the range of actors involved in the policy making process. The intention is not to provide an exhaustive account of European intervention in the labour law arena. Instead it provides a framework to enable the reader to think about the role that the EU has, and should, play in this field, and argues that European level intervention can make a valuable contribution to the making of labour law in European Member States.

Creative Labour Regulation is an interdisciplinary response to the central contemporary challenges to effective labour regulation. Drawing on contributions by leading experts from the Regulating for Decent Work Network, it offers new ideas for research and policy.The book identifies three central challenges to contemporary labour regulation: intensifying labour market fragmentation; complex interactions between labour market institutions; and obstacles to effective enforcement. International in scope, the volume includes chapters on both advanced economies (Europe and the United States) and the developing world (Argentina, Cambodia, South Africa and Viet Nam).Topics addressed include the regulation of precarious and informal work, the role of minimum wage regulation in industrialized and low-income countries, the promise and limitations of 'hybrid' public-private enforcement mechanisms - including in the International Labour Organization/International Finance Corporation's Better Work programme - and the involvement of labour inspectorates and civil society organizations in implementing labour standards.Creative Labour Regulation acknowledges the complexity of ensuring labour protection in contemporary economies. It concludes, however, that innovation in devising more effective legal regulation is possible, in both the advanced industrialized world and in low-income countries.

In economics, the voluntary sector is surprisingly understudied. In order to fully understand economics, unpaid and voluntary work needs to be taken into account and afforded the same status as paid activities. This book constitutes a rigorous economic analysis with special emphasis on gender issues and covers every conceivable angle of unpaid work and all its ramifications for the modern economy. The unified vision offered by this group of leading contributors ensures this book is a work of excellent quality. There is every chance it will become a seminal study on unpaid work and as such will provide a useful reference for students and academics involved in gender studies, econometrics, and consumption studies.

Search Theory and Unemployment contains nine chapters that survey and extend the theory of job search and its application to the problem of unemployment. The volume ranges from surveys of job search theory that take microeconomic and macroeconomic perspectives to original theoretical contributions which focus on the externalities arising from non-sequential search and search under imperfect information. It includes a clear and authoritative survey of econometric methods that have been developed to estimate models of job search, as well as two lucid contributions to the empirical search literature. Finally, it includes a study that reviews and extends the literature on optimal unemployment insurance and concludes with an appraisal of the influence of search theory on the thinking of macroeconomic policymakers.

Studies in Labor Supply, the second volume of Jacob Mincer's essays to be published in this series, focuses on the family context of labor supply especially that of women. Special attention is devoted to wage incentives and wage consequences of labor supply and to long term trends in the female labor force, a major social phenomenon of the twentieth century.Jacob Mincer's research reveals a rare combination of imaginative empirical analysis guided by a command of theory. His work and professional style have set the standard for empirical economics. This is especially true of his work on the labor force participation of married women. This is the second of two volumes containing carefully edited selections of Professor Mincer's most important essays, some of which are published here for the first time. Introductions to each volume provide overviews of the interconnections of the topics discussed, their conceptual coherence and empirical significance. Studies in Human Capital, the first volume of Professor Mincer's essays, is also available as part of this series.

This book pulls together papers presented at a conference in honour of the 1981 Nobel Prize Winner for Economic Science, the late James Tobin. Among the contributors are Olivier Blanchard, Edmund Phelps, Charles Goodhart and Marco Buti. One of the main aims of the conference was to discuss what potential role monetary policy has on economic activity and unemployment reduction in three key currency zones - the United States, European Union and Japan.