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

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

    Posted By: hill0
    Date: 23 Jul 2018 21:43:42
    Economics of the Labour Market: Unemployment, Long-Term Unemployment and the Costs of Unemployment

    Economics of the Labour Market: Unemployment, Long-Term Unemployment and the Costs of Unemployment
    by P. N. (Raja) Junankar
    English | 2016 | ISBN: 1137555181 | 488 Pages | PDF | 2 MB

    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.

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