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…

The Great Recession left a crater in the labor market that has been devastating for unemployed Americans of all ages. After more than two years of unemployment at well over 8%, there is a hole of more than 11 million jobs, with average spells of unemployment lasting nearly nine months. The weak labor market has been particularly tough on young…

For training to be translated into more jobs, it must be flexible enough to adapt to the changing needs of individuals and the economy and its beneficial effects must not be wiped out by deregulation of the labor market. (JOW)

Shows how job growth slowed dramatically in 1995, but the unemployment rate remained little changed. Discusses trends in nonfarm payroll employment by industry and changes in employment status of people in various demographic and occupational groups. (Author)

Suggests that governments, employers, and trade unions develop structural employment policies that, in conjunction with appropriate macro-economic policies, might lead to a more acceptable labor market outlook for the years ahead. Flexibility of the labor market, dimensions of change, and changing industrial structures are addressed. (JN)

For more than a decade, the United States has produced more new jobs than most other industrialized nations--nearly 20 million new jobs during 1973-1984. However, none of the aggregate numbers reveals anything about the types of jobs created or how much they pay. The following facts are pertinent: (1) compared to the period 1973-1979, the net new…

Relates temporary employment subsidies (TES) to other forms of assistance to industry and examines the three main classes of TES that have been developed: those concerned with job retention, job creation, and investment inducements. Considers possible limitations in TES use and discusses the economic rationales advanced for them. (CT)

The Australian labor market in 1992 was characterized by (1) high unemployment; (2) variability across states; (3) long-term unemployment; (4) government focus on infrastructure projects; (5) emphasis on training; and (6) enterprise bargaining in industrial relations. (SK)

While the political transition to democratic rule in South Africa was smooth and rapid, the economic transition has been slow and difficult. Nowhere is this more apparent than in the labour market. Job creation has not matched growing labour supply and the unemployment rate continues to rise. This article attempts to document and identify the key…

Expansion of public employment is probably a wise strategy, but it is not above question. Certainly the evidence of its effectiveness is mixed, and it has hardly been subjected to careful analysis. (Author)

These five papers underscore the fact that the labor market policies of Japan, West Germany, the United Kingdom, France, and Australia are similar in many ways. The papers are "Japanese Labor Market Policies" (Koji Taira), "The Labor Market Policies of West Germany" (Deborah R. Cichon), "The Management of the U.K. Labour…

This document presents the following monthly statistical data for the population of United States: (1) employment status; (2) characteristics of the unemployed; (3) characteristics of the employed and their job categories; (4) seasonally adjusted employment and unemployment; (5) national employment; (6) employment in states and areas; (7) national…