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This clear, accessible volume provides a comprehensive overview of the ongoing debate over the determining factors of and key influences on employment growth and labor market training, education, and related policies in the United States. Drawing on the work of distinguished labor economists, the chapters tackle questions posed by job and skill demands in the "new high-tech economy" and explore sources of employment growth; productivity growth and its implications for future employment; government mandates, labor costs, and employment; and labor force demographics, income inequality, and returns to human capital. These topics are central concerns for government, which must judge every prospective policy proposal by its effects on employment growth. Washington keeps at least one eye firmly on the jobs picture, and public officials at every level are constantly aware of the issues surrounding American job security. The jobs issue reaches beyond this focus on the unemployment rate and on total employment, including the rate at which employment is seen as growing, the growth of real wages, the security of employment, returns to human capital, uncertainty about the education and training best suited for a world of rapidly changing economic conditions, and the distribution of the gains from growth across economic classes and population groups.
The United States lacks a comprehensive and coordinated labor market policy. The components of U.S. labor market policy are derived from the activities and programs of many different agencies and Congressional committees. In addition to the Department of Labor, major aspects of labor market policy are sponsored by the Departments of Health and Human Services and Education, and the Social Security and Veterans Administrations. There is no centralized authority over these various activities and there is no one administrative agency responsible for the implementation of active labor market policies. This study seeks to evaluate the effectiveness of U.S. labor market policies that are presented and social and political barriers to policy impact are discussed.
"A volume in the Research Program on Unemployment conducted by the Institute of Industrial Relations, University of California, Berkeley." Bibliographical references included in footnotes.
Measures of Active Labor Market Policy - such as training, wage subsidies, public employment measures, and job search assistance - are widely used in European countries to combat unemployment. This study provides novel insight on this important policy issue by discussing the role of the European Commission's Employment Strategy, reviewing the experiences made in European states, and giving the first ever quantitative assessment of the existing cross-country evidence.
This book presents the proceedings of a conference on labour markets. It advances thinking on new policy measures, such as active labour market policies and measures to "make work pay".
Using panel data for 15 industrial countries, active labor market policies (ALMPs) are shown to have raised employment rates in the business sector in the 1990s, after controlling for many institutions, country-specific effects, and economic variables. Among such policies, direct subsidies to job creation were the most effective. ALMPs also affected employment rates by reducing real wages below levels allowed by technological growth, changes in the unemployment rate, and institutional and other economic factors. However, part of this wage moderation may be linked to a composition effect because policies were targeted to low-paid individuals. Whether ALMPs are cost-effective from a budgetary perspective remains to be determined, but they are certainly not substitutes for comprehensive institutional reforms.
These original contributions report on new developments taking place in today's labor market and on the role of public policy in shaping that process.
Compilation of conference papers on employment policy in western Europe (esp. In Germany, Federal Republic, Sweden, UK, etc.) - Contains papers relating to the labour market, unemployment (incl. Structural unemployment, problems of part time employment, wages, subsidies, participation in the public sector), etc. References and statistical tables. Conference held in glen cove 1978 jul 19 to 21.