1.

Record Nr.

UNINA9910254869703321

Autore

Junankar P. N.

Titolo

Economics of the Labour Market : Unemployment, Long-Term Unemployment and the Costs of Unemployment / / edited by P. N. (Raja) Junankar

Pubbl/distr/stampa

London : , : Palgrave Macmillan UK : , : Imprint : Palgrave Macmillan, , 2016

ISBN

1-137-55519-X

Edizione

[1st ed. 2016.]

Descrizione fisica

1 online resource (488 pages) : illustrations, tables

Disciplina

331.12

Soggetti

Health economics

Macroeconomics

Health Economics

Macroeconomics/Monetary Economics//Financial Economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references at the end of each chapters and index.

Sommario/riassunto

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.