The global crisis has led to dramatic increases in unemployment rates over most of the countries of the OECD. This book provides alternative explanations of this phenomenon. Junankar begins with surveys of the labour market: labour demand, labour supply, and labour force participation. He argues that the growth of unemployment and long-term unemployment is mainly due to a lack of aggregated demand and not due to high unemployment benefits. Economics of the Labour Market shows that unemployment and long-term unemployment impose serious and significant costs on individuals, families, and society in general. Raja Junankar focuses on vital social issues arising from the malfunctioning of economies and this collection of essays tackles the real cost of unemployment.

Leading experts demystify demographics and show how population changes affect everything from government policy to business opportunities to educational standards. Demographics, as Peter Drucker famously pointed out, is one of the seven sources of entrepreneurial opportunity. Why are demographics so important? Consider the quality and quantity of the U.S. labor force. Birth rates largely determine the size of the future workforce, and the numbers of younger and older people affect public spending on education. What's more, patterns in marriage and child-bearing affect the labor force, and migration and immigration alter the mix of job skills, languages, and cultures in the U.S. workforce. While business and government must react to these trends, they can also shape them. Immigration, education, welfare, and tax policies influence births, family composition, and the locations of people and businesses. In private markets, demography interacts with income levels to affect the mix of goods purchased, the types of workers in demand, and the range of new business opportunities available. Demography is a key item in every business or policy planner's toolbox. Demography, Education, and the Workforce shows how to use its principles to advantage. 15 illustrations

Retirement is being `reconstructed', with the UK following the US path of abolishing mandatory retirement and increasing state pension ages. This timely book assesses prospects for work and retirement at age 65-plus in the UK and US. It is essential reading for researchers, students and practitioners interested in the late careers and the future of retirement.

The debate on the impact of globalization tends to stress different and sometimes opposite aspects. Some argue that globalization is likely to have a positive impact on economic growth and efficiency, whereas others seem worried of its negative impact on workers, of the generation of new forms of social exclusion and of a worsening of market failure. The essays presented in this volume offer critical elements for assessing these positions. They also examine the role of national and international institutions in ensuring that globalization leads to a more sustained and equitable economic growth without endangering social cohesion.

This important collection presents an authoritative selection of papers on "Institutional Conflicts and Complementarities" This publication is intent on building bridges between economics and the other social sciences. The focus is on the interaction between monetary policy and wage bargaining institutions in European Monetary Union (EMU). Institutional Conflicts and Complementarities is written by acknowledged experts in their field. The outcome is a broad analysis of the interactions of labour market actors and central banks. The volume addresses the recent changes in EMU. An important theoretical, empirical, and policy-relevant conclusion that emerges from Institutional Conflicts and Complementarities is that even perfectly credible monetary conservatism has long-term real effects, even in equilibrium models with fully rational expectations.

Bruno Jossa expertly illustrates that the creation of a system of cooperative firms is tantamount to a revolution giving rise to a new production mode capable of reversing the existing relationship between capital and labour. The book also demonstrates a revolution enacted by peaceful and democratic means in order for worker-managed organisations to outnumber capitalistic ones. Providing a comprehensive insight into these models, Jossa examines the relations between political power and economic democracy, ownership and bankruptcy risks within democratic organisations. Using the theories of Marx and Engels, the book offers a new model of socialism, allowing for a worker-led system and suppressing capitalism, whilst inviting a more theoretical approach without the suppression of markets. Thought-provoking in its approach, On Market Socialism will provide an excellent resource for policy makers in labour and political economics and also scholars of the history of economics and radical economics.

Whether as slaves or freedmen, the political and social status of African Americans has always been tied to their ability to participate in the nation's economy. Freedom in the post--Civil War years did not guarantee equality, and African Americans from emancipation to the present have faced the seemingly insurmountable task of erasing pervasive public belief in the inferiority of their race.

For Jobs and Freedom: Race and Labor in America since 1865 describes the African American struggle to obtain equal rights in the workplace and organized labor's response to their demands. Award-winning historian Robert H. Zieger asserts that the promise of jobs was similar to the forty-acres-and-a-mule restitution pledged to African Americans during the Reconstruction era. The inconsistencies between rhetoric and action encouraged workers, both men and women, to organize themselves into unions to fight against unfair hiring practices and workplace discrimination.

Though the path proved difficult, unions gradually obtained rights for African American workers with prominent leaders at their fore. In 1925, A. Philip Randolph formed the first black union, the Brotherhood of Sleeping Car Porters, to fight against injustices committed by the Pullman Company, an employer of significant numbers of African Americans. The Congress of Industrial Organizations (CIO) emerged in 1935, and its population quickly swelled to include over 500,000 African American workers. The most dramatic success came in the 1960s with the establishment of affirmative action programs, passage of the Civil Rights Act of 1964, and Title VII enforcement measures prohibiting employer discrimination based on race.

Though racism and unfair hiring practices still exist today, motivated individuals and leaders of the labor movement in the nineteenth and twentieth centuries laid the groundwork for better conditions and greater opportunities. Unions, with some sixteen million members currently in their ranks, continue to protect workers against discrimination in the expanding economy. For Jobs and Freedom is the first authoritative treatment in more than two decades of the race and labor movement, and Zieger's comprehensive and authoritative book will be standard reading on the subject for years to come.

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.

Minimum income protection provides the last social safety net for people in need. The book provides a systematic comparative and longitudinal analysis of minimum income protection systems in 17 EU countries based on a newly developed dataset. Country-specific chapters providing institutional overviews are combined with comparative quantitative indicators on issues such as benefit levels, expenditures and beneficiaries. The book will be of major interest to researchers, scholars and experts in income protection, poverty and the welfare state.

This contributor volume brings the best work of such established historians as Morris Schappes, Nathan Godfried, and Eric Foner together with the newer voices of Elizabeth Sharpe and Jennifer Bosch. Its eleven essays challenge the boundary between the older, institutional labor history and the more recent social histories of working people. By combining a focus on culture, women's history, and race relations that is characteristic of the best of the latest working class history with an emphasis on formal protests, leadership, and power, the volume suggests that a truly new labor history will reflect a variety of concerns and draw on diverse inspirations. In three chapters elucidating new features of labor biography and working-class politics, the volume's opening section considers George Edwin McNeill, the Socialist Party's efforts to free Eugene Debs, and the Socialist Party's left wing. Turning to women in labor history, the next section includes two chapters on Union W.A.G.E., an organization of mainly white, working class women, and Ellen Gates Starr, co-founder of Hull House. In a third section on African-American history, two scholars consider Black labor and African-American laborers in the Reconstruction era. The final section considers culture, education, and the working class. These chapters analyze the role of broadcasting and the Socialists' effort to establish an alternative radio station; labor education in the 1920s; the literary portrayal of sailors in Dana's Two Years Before the Mast, and the victims of the Rapp-Coudert Committee. By placing workers and their organizations convincingly within the context of their culture, this volume helps to demonstrate the ways the labor movement has remade this nation and how the nation has shaped the labor movement.

A terse, well-written, up-to-date, and refreshing account of recent developments in employment practices across a sample of seven industrialized nations, including the Soviet Union, by an established scholar of comparative systems. The trends discussed are industrial democracy at enterprise and establishment level, quality of working life, job tenure and security of employment, personnel policy, and working time arrangements. . . . The book provides a useful and accessible introduction to a number of important themes in the management and maintenance of human resources. . . . Highly recommended. . . . Choice In recent years, fundamental economic forces have profoundly affected the labor markets of the industrialized nations. Among these forces are: the mass entrance of women into the labor market and major changes in work patterns designed to accomodate them; industrial restructuring due to the decline in manufacturing and the concomitant rise in service industries and advanced technologies; the shift in workers' objectives toward job security, improved quality of working life, and more adequate provision for post-retirement years; and, finally, employee demand for industrial democracy or increased participation in making business decisions, which has led to the implementation of economically viable participatory schemes. The policy innovations and experiments effected during the past two decades in response to these labor market developments are the subject of New Trends in Employment Practices. In addition to the United States, the author considers four major industrial nations of the democratic world, France, Germany, Great Britain, and Japan. Walter Galenson also looks at Sweden, a country long noted for its imaginative labor programs, and the Soviet Union, a nation where recent events have graphically illustrated the strength of the demand for greater democracy at the enterprise and political levels. The book begins with a discussion of the promotion of industrial democracy at the enterprise level, citing a State of Washington program in which the unemployed receive seed money to start small businesses instead of being sent unemployment benefits. Galenson also details British experience with this same scheme. In Industrial Democracy at the Shop Floor Level, employee representation on corporate boards and employee ownership of companies, increasingly common phenomena in the United States, are investigated along with the relevant experience under German codetermination. Chapter Three is devoted to the movement for an improved Quality of Working Life (QWL), which is based largely on Japanese and Swedish models and has many adherents in the United States and Canada. Chapter four illustrates programs that take into account increased desire for job security, and specifically the Japanese system of lifetime employment guarantees. Preserving jobs and finding new ones when layoffs do occur, and Sweden's two-decade, near-zero unemployment due to its active labor market policy, are reviewed next. Chapter Six's focus is on the altered patterns of work time and Chapter Seven describes how various aspects of Soviet employment were handled in the past and explains the impact of Gorbachev's reforms. A final chapter offers a summary and conclusions. This cogent treatment of labor market practices will be of vital interest to corporate labor administrators who are or will be engaged in collective bargaining over the subjects treated in these pages. The book is ideal for courses in labor economics, comparative labor institutions, and internationally oriented courses in business schools.

This book asks anew whether there really was European integration before 1914. By focussing on quantitative (economic indicators) and qualitative data (the international regulation of patents, communication networks, social policy and plant protection), the authors re-evaluate European integration of the time and address the politics of seemingly apolitical cooperation. The authors show that European integration was multifaceted and cooperation less the result of intent, than of incentives. National polities and international regimes co-shaped each other. The result is a book that achieves two things: offer stand-alone chapters that shed light on specific developments and - these read altogether - develop a bigger picture. It will be of interest to researchers and students of economic history, as well as those interested in the history of internationalism and globalisation.

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 analyzes the everyday lives of labour migrants in a rapidly developing city-state. Using the emirate of Dubai as a case study, Migrant Dubai shows that even within highly restrictive mobility regimes, marginalized migrants find ways to cope with structural inequalities and quotidian modes of discrimination.

Kirsten Sehnbruch uses the case study of Chile to show the failures and inner-working of neo-liberal labour policy. She shows in detail what the real policy issue should be, namely the creation of proper institutions and of a corps of competent professionals with relevant skills and powers to operate them. This is extremely timely work, in that institutions are a matter of enormous concern in the international development community of policy-makers, who are desperate to make current orthodoxy work in terms of sustainability, the quality of life, human development and other dimensions beyond GDP growth.

Trade unions have experienced considerable global decline since the late 1970s. Although union influence remains significant in most nations, many unions have witnessed a fall in membership, on which this influence ultimately depends. Past attempts at turning the fortunes of unions around in the face of 'globalisation' and national predicaments have been the concern of union leaderships. In the case of Nigeria, such events are economic circumstances, the use of legal instrumentality such as decrees and edicts, and lack of democratic environment due to constant military intervention in Nigeria's political system.In light of the current global developments, especially in relation to density decline of trade union membership and the role trade unions are expected to play in industrial relations, The Impact of Political Action on Labour Movement Strength explores the consequences of government action and the economic and political policies on union membership and clout. This book investigates the forms of political action undertaken by trade unions and reviews the conditions under which these actions succeed or fail, whilst exploring how trade unions balance this function in relation to their main aim of collective bargaining.

This volume examines the source of ideas in active labor market policies in the US, France, Denmark, UK and at European Union level. What are the most likely trajectories of active labour market policies in different national settings? Will welfare reform become more punitive towards welfare recipients, thus implying that the EU will just pay lip service to the commitment to social justice that is at the core of the European social model?

This book deals with the role host countries' institutional characteristics play in the labour market integration of immigrants in the European Union. Drawing on existing research it develops a comprehensive conceptual framework of factors (and underlying mechanisms) affecting immigrant structural integration in the European Union-15. It maps the European countries with respect to three institutional aspects central to immigrant integration, immigration policies, labour market structure and welfare regimes. Further, it presents a descriptive picture of the labour market situation of the immigrant population in the European Union and seeks to explain the variation in labour market outcomes, namely unemployment risk and occupational status, with reference to differences in the characteristics of the immigrant populations on the one hand, and by differences in labour market structure, immigration policies and welfare regimes in European Union countries, on the other.

Labour markets are differentiated by occupation and types of training, and these submarkets are seldom in equilibrium. This disequilibrium -- shortages and surpluses in labour markets -- is often attributed to a lack of flexibility in wage structures, the limited possibility for substitution between submarkets, and the high adjustment costs. In addition, market changes are difficult to foresee, thus making it equally difficult to respond appropriately. This book contains the results of research from three major European institutes -- the Research Centre for Education and the Labor Market (ROA) at the University of Limburg in the Netherlands, the Institute for Employment Research (IER) at the University of Warwick in the U.K., and Institut fA1/4r Arbeitsmarkt- und Berufsforschung (IAB) at the Bundesanstalt fA1/4r Arbeit in Germany -- looking at how each institute conducts labour market forecasts by education and type of training. The common element of these institutes is their use of the manpower requirements method. The book is grouped into three parts -- Models and Methods, Forecasts, and Reflections -- with each institute presenting its results in each section.

This book addresses critical aspects of the nationalization of labour markets in the Gulf countries. It examines the role of higher education institutions in providing the market with the right skills that are most needed in the era of the fourth industrial revolution (industry 4.0). The book also explores the new dynamics of technology and information systems in upgrading the skills, changing the work environment, and generating employment for the youth in the Gulf countries. The holistic approach of the subject area makes this volume indispensable to academics, researchers, students, and policy makers in the Gulf region and beyond. The book covers a broad range of topics including the nationalization of labour market programmes such as Emiratization and Saudization, attitudes toward women in workplace, the role of high-tech firms in upskilling and enhancing the productivity of workforce, while also providing sector-specific investigations in healthcare, banking, finance, tourism, and hospitality. The analysis is based on original research and primary data collected by a group of scholars from 15 countries and presented in an illustrative, accessible, and concise manner.

The rapid growth of offshore outsourcing in manufacturing and IT-based services is unleashing dramatic changes around the world. This book brings together leading scholars and practitioners to analyze the implications of this huge transformation. For some observers, offshore outsourcing promises more rapid economic growth for both developed and developing countries. For others, it unravels the social contract in today's rich countries, as labor and governments lose bargaining power vis-a-vis globally mobile capital. For yet others, it offers some developing countries the opportunity to leapfrog, while pushing others even further to the sidelines. This book provides a uniquely comprehensive, yet diverse account of the winners and losers from offshore outsourcing and of how policy might be used to spread its benefits more widely and equally.

This book examines theories of firm-level human capital investment with respect to topics in labor demand, macroeconomics (especially connected to unemployment), and firm-union bargaining. It covers a wide range of related policy issues, including the worksharing versus layoff debate, wage-tenure profiles, taxation and the choice between pure wages and profit sharing compensation, and the role of specific investment in the Japanese firm versus the traditional (United States) neoclassical firm.

This book shows that basic income is a powerful tool for realizing economic justice in our modern society. Through an interdisciplinary investigation of basic income in Korea, involving theological and social scientific perspectives, the book covers the topic of basic income on an academic basis, an economic basis, and in terms of its institutionalization potential.Although modern society is a global one, centered on the economic ideology of neo-liberalism, the negative effects of social polarization caused by this are quite severe. It is also urgent to come up with alternative solutions to the problems of labor reduction and wage labor. Moreover, the expansion of productivity through collaboration between humans and artificial intelligence also presents a challenge. An interdisciplinary study on the meaning and restructuring of labor is therefore needed. This book traces themes supporting the concept of basic income appearing in the Old and New Testaments, as well as precedents relating to basic income in the context of capitalism in the thought of the Reformers. Within the framework of Christian ethics, the book looks at the ideological basis for basic income and its applicability to the current situation in order to pursue economic justice. Additionally, the book examines the practical feasibility and rationale for basic income by discussing the economics of basic income financing and the political economy implications for how it can be applied to real politics.