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Economics of the Labour Market

Unemployment and the Costs of Unemployment

  • P. N. Raja Junankar
Book

Table of contents

  1. Front Matter
    Pages i-xxi
  2. Introduction

    1. P. N. (Raja) Junankar
      Pages 1-19
  3. The Labour Market

    1. Front Matter
      Pages 21-21
    2. P. N. Junankar
      Pages 23-27
    3. P. N. Junankar
      Pages 28-32
    4. P. N. Junankar
      Pages 33-37
    5. P. N. Junankar
      Pages 38-41
    6. P. N. Junankar
      Pages 42-46
  4. Youth Labour Markets

    1. Front Matter
      Pages 75-75
    2. P. N. Junankar
      Pages 77-101
    3. P. N. Junankar, A. J. Neale
      Pages 102-127
    4. P. N. Raja Junankar, Matthew Waite, Grant Belchamber
      Pages 128-151
    5. Chris Manning, P. N. Junankar
      Pages 204-235
  5. Unemployment

    1. Front Matter
      Pages 237-237
    2. Bruce J. Chapman, Steve Dowrick, P. N. Junankar
      Pages 261-292
    3. P. N. Junankar, Cezary A. Kapuscinski
      Pages 293-307
    4. P. N. Raja Junankar
      Pages 308-329
    5. P. N. Junankar
      Pages 330-345
  6. Long-Term Unemployment

    1. Front Matter
      Pages 359-359
    2. Bruce J. Chapman, P. N. Junankar, Cezary A. Kapuscinski
      Pages 361-372
    3. P. N. Junankar, Cezary A. Kapuscinski
      Pages 373-390
  7. Costs of Unemployment

    1. Front Matter
      Pages 391-391
    2. P. N. Junankar, Cezary A. Kapuscinski
      Pages 403-458
  8. Back Matter
    Pages 474-488

About this book

Introduction

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.

Keywords

Unemployment Long Term Unemployment Costs of Unemployment Technological change Labour economics econometrics economic policy employment industrial relations labor market labour market Minimum Wages structural change unemployment

Authors and affiliations

  • P. N. Raja Junankar
    • 1
    • 2
    • 3
  1. 1.Industrial Relations Research CentreUNSW AustraliaAustralia
  2. 2.Western Sydney UniversityAustralia
  3. 3.IZABonnGermany

Bibliographic information

  • DOI https://doi.org/10.1057/9781137555199
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2016
  • Publisher Name Palgrave Macmillan, London
  • eBook Packages Economics and Finance
  • Print ISBN 978-1-137-55518-2
  • Online ISBN 978-1-137-55519-9
  • Buy this book on publisher's site
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