All of the authors seem to share the perception that one can no longer expect much from macroeconomic policies. The authors of this paper share this opinion, but this should not be interpreted as the skeptical view that macroeconomic policies are ineffective on employment. They saw from the Korea's two crises how contrasting outcomes could result…

Since U.S. economic growth began to slow in 2006, both the Bush and Obama Administrations have enacted a number of fairly costly programs designed to stimulate the economy and employment growth. Because many of these programs are fairly new, there has been little comprehensive examination of their impacts, but initial analysis suggests that these…

America faces many challenges in working together to restore the promise of economic growth and security for the country, U.S. families and the American worker. The challenges are both real and serious. Despite hopeful signs of economic recovery, America remains mired in the deepest jobs crisis since the 1930s. One out of every 12 Americans who…

This paper aims to provide metro, state, and national policy makers with a better sense of the specific problems facing metropolitan labor markets. First, the analysis examines trends in the demand for educated labor and how a gap between education supply and demand is related to unemployment. Next, it attempts to distinguish between cyclical and…

One of the challenges facing Australia is the ageing of the population. Of major concern, especially to government, is that the dependency ratio--a measure of the burden that economically active persons carry by supporting dependent persons--will increase significantly unless older people keep working or immigration is used to change the…

Succeeding in the labor market depends now more than ever on having the right education and training. This reality poses a particular challenge for out-of-school youth, who are no longer connected to institutions designed to provide them with training and connect them to good jobs. The Center for Employment Training (CET) in San Jose, California,…