Educational development in a country should reliably predict the level of wealth and its distribution. Undeveloped societies tend to have highly inegalitarian distribution functions. The development process accelerates this tendency by rewarding wealthy segments of the population that are in a position to invest in the growing economy. Finally, in…

Examines the comparative labor market experience of youth in the United States and eight other developed countries from 1960-1979, focusing upon unemployment levels and rates. Finds that the situation worsened in industrialized nations after the 1974-75 recession and that Japanese and German youth continue to have the most favorable job prospects.…

This article updates comparative unemployment rates through the third quarter 1982 and other related labor market statistics through 1981 for the U.S. and nine other countries. The foreign unemployment and labor data are adjusted to U.S. concepts. (CT)