Macro-economic Implications of Long-Term Unemployment

  • Kenneth Walsh

Abstract

The effects of a sustained high level of LTU are many. The effects on the individual suffering LTU have already been discussed in the previous chapters and it is now appropriate to look at the broader implications in the macro-economic sense, which includes examination of the costs that a high level of LTU imposes on a country in terms of both direct and indirect losses. Subsequent discussion looks briefly at the nature and implications of these costs and goes further to assess some of the ways in which the problem of LTU has been attacked by the various national or local governments.

Keywords

Labour Market International Perspective Local Labour Market Unemployed Person Sustained High Level 
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Notes

  1. 2.
    Henning, R. and Richardson, J., Unemployment: Policy Responses of Western Democracies (London: Sage, 1984).Google Scholar
  2. 4.
    Agence Nationale Pour l’Emploi, A Study of the Long-Term Unemployed in the European Economic Community (Brussels: European Commission, Study 79/68, 1980).Google Scholar
  3. 5.
    See for example the assessment of the British job subsidies in Rajan, A., Job Subsidies: Do They Work? (Brighton: Institute of Manpower Studies, 1985).Google Scholar
  4. 6.
    See, for example, Fineman, S., White-Collar Unemployment: Impact and Stress (New York: John Wiley, 1983).Google Scholar
  5. 7.
    See Manpower Services Commission, Annual Report (London: MSC, 1984).Google Scholar
  6. 11.
    Yuill, D., Allen, K. and Hull, C. (eds), Regional Policy in the European Community (London: Croom Helm, 1980) andGoogle Scholar
  7. Bovaird, T., ‘An Evaluation of Local Authority Initiatives’, Local Government Studies, vol 7:4 (1981).Google Scholar
  8. 12.
    See Pearson, R., Local Labour Market Planning in Europe, (Brussels: European Commission, Study No. 81/47, 1982) esp. ch. on Ireland.Google Scholar

Copyright information

© Kenneth Walsh 1987

Authors and Affiliations

  • Kenneth Walsh
    • 1
  1. 1.Institute of Manpower StudiesUniversity of SussexUK

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