Economics of the Labour Market: Unemployment, Long-Term Unemployment and the Costs of Unemployment

Junankar, P. N. (Raja)

The global crisis has led to dramatic increases in unemployment rates over most of the countries of the OECD. This book provides alternative explanations of this phenomenon. Junankar begins with surveys of the labour market: labour demand, labour supply, and labour force participation. He argues that the growth of unemployment and long-term unemployment is mainly due to a lack of aggregated demand and not due to high unemployment benefits. Economics of the Labour Market shows that unemployment and long-term unemployment impose serious and significant costs on individuals, families, and society in general.
Raja Junankar focuses on vital social issues arising from the malfunctioning of economies and this collection of essays tackles the real cost of unemployment.

Details

Published by: Palgrave Macmillan

Publication Date: 2016-01-13

Format: Hardcover

ISBN-13: 9781137555182

DOI: 10.1057/9781137555199

Dimensions: 216cm x140cm

Pages: 488