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We develop a framework where mismatch between vacancies and job seekers across sectors translates into higher unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the recent rise in US unemployment by exploiting two sources of cross-sectional data on vacancies, JOLTS and HWOL.
Ayşegül Şahin+3 more
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Unemployment and Unemployability
The American Journal of Economics and Sociology, 1948THE INTER-RELATIONSHIP between the amount of unemployment and standards of unemployability has long been recognized but inadequately discussed in texts and non-technical books. Changing standards of employability arising from the amount of unemployment, have direct effect on the problem of dependence of marginal groups of workers, such as the aged, the
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2019
This chapter investigates the fundamental difference made by Keynes in the General Theory between voluntary unemployment, on the one hand, and involuntary unemployment, on the other. In Keynes, voluntary unemployment is very wide-ranging in that it corresponds to any form of imperfections in wage bargaining, inadequacy in qualifications and so on.
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This chapter investigates the fundamental difference made by Keynes in the General Theory between voluntary unemployment, on the one hand, and involuntary unemployment, on the other. In Keynes, voluntary unemployment is very wide-ranging in that it corresponds to any form of imperfections in wage bargaining, inadequacy in qualifications and so on.
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Australian & New Zealand Journal of Psychiatry, 1995
The effect of unemployment on health Is an emotive issue. Careful appraisal of published work is required. Furthermore, when considering potential psychiatric illness effects, the prevalence of such illness in all populations must be allowed for before assuming unemployment to be a significant causal stressor.
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The effect of unemployment on health Is an emotive issue. Careful appraisal of published work is required. Furthermore, when considering potential psychiatric illness effects, the prevalence of such illness in all populations must be allowed for before assuming unemployment to be a significant causal stressor.
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Unemployability and involuntary unemployment
2002People differ in their abilities. They may be quicker or slower and make one or ten pins in a day, or rather one or ten units of specialized tasks in Adam Smith’s pin factory. They may be more or less qualified in text processing and type one or five letters in an hour.
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Macroeconomic Unemployment and Structural Unemployment [PDF]
During the 1990s, the lowest sustainable rate of unemployment (LSRU) in Canada declined from the 7.5-to-8% range to perhaps around 6%. Barring an international recession and excessive rigidity on the part of the central bank, Canada could achieve this 6% unemployment level within a few quarters.
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Unemployment Insurance and Unemployment Dynamics
The Canadian Journal of Economics, 1991One of the puzzling features of the recent behavior of the Canadian unemployment rate is its persistence in the presence of a sustained expansion in real national income. Neither deficient aggregate demand nor a once-for-all, supply-side-induced increase in the natural rate provides a convincing explanation of this phenomenon.
David Scoones+2 more
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