It is generally accepted that human capital is an important factor in economic growth, but its impact on growth depends on the demand for education and skills on the labor market. Demand for human capital is largely determined by the institutional environment that governs the basic conditions for economic activity. The author expresses ten doubts…

Examines the scientific bases for the improvement of the employment situation by vocational training; strategies for developing new employment opportunities; and political conditions governing the effectiveness of employment programs. (Availability: Office for Official Publications of the European Communities, 5, rue du Commerce, L-2985,…

Driven by restructuring, marketplace competition, and technological change, rural electric co-ops are implementing early retirement and severance packages, instituting staffing changes to reflect changing functions and needed skills, hiring business managers to develop business strategies and marketing plans, providing consumer-choice advocates,…

Authors assert that public service employment (PSE) is one form of macroeconomic policy and compare PSE to tax reduction, federal subsidies, and other forms. They propose a design for an ongoing federal employment program and conclude that a PSE program aimed at the structurally unemployed creates more jobs per GNP dollar than other policies. (SK)

These hearings focus on various measures submitted by President Carter and Congress to reduce unemployment, including an extension of the Comprehensive Employment and Training Act (CETA), the Full Employment and Balanced Growth Act of 1977, and the President's economic stimulus proposals. Some of the primary testimony presented regarding the need…

This third special report of the National Commission for Manpower Policy provides information regarding the ways that European nations were dealing with complex manpower problems similar to the ones faced by the United States during the recession of 1974-1975. Following a brief introductory section, section 2 reviews the methods used by the…

Inner-city business development is often proposed as a solution to inner-city poverty. However, research evidence suggests that creating new jobs in the inner city is unlikely by itself to increase significantly the employment or earnings of the inner-city poor. Public subsidies for inner-city business development may be justified by greater…

Technological, demographic, and competitive pressures have transformed the U.S. labor market and must be dealt with on a priority basis. The urgency of the problem can best be addressed by creating a national institution that is independent of government, business, and labor but that draws on all three sectors to develop a broad array of policies…