Abstract
Since no modern economy can escape open unemployment as long as free labour and a free labour market exist, there is a need not only to explain it, but also to measure it. However, its measurement is full of pitfalls, and unemployment statistics giving the number of registered unemployed tend to be deceptive.
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Notes and References
Cf. Milton and Rose Friedman, Tyranny of the Status Quo, London, Seeker and Warburg, 1984, pp. 113–115, who analysed open unemployment recorded in December 1982 in the United States.
David Lipsey, ‘Why you can’t count the jobless’, The Sunday Times, 6 November 1983, p. 62.
Peter Sinclair, Unemployment, Oxford, Basil Blackwell, 1987, pp. 2–4
Brian McCormick, ‘The Labour Market’, in Peter Curwen (ed.), Understanding the UK Economy, London, Macmillan, 1990, p. 218, Table 6.4.
Evan Luard, The Management of the World Economy, London, Macmillan, 1983, pp. 193–4 and 196.
Department of Employment and Productivity, British Labour Statistics, Historical Abstract 1886–1968, London, HMSO, 1971, p. 305, Table 159.
Dietmar Petzina, ‘The Extent and Causes of Unemployment in the Weimar Republic’, in Peter D. Stachura, Unemployment and the Great Depression in Weimar Germany, London, Macmillan, 1986, p. 31, Table 2.1.
Jürgen Kuczynski, France 1700 to the Present Day, London, Frederick Muller, 1946, pp. 141 and 176.
John A. Garraty, Unemployment in History, New York, Harper Colophon Books, 1979, pp. 147–149.
William H. Beveridge, Full Employment in a Free Society, London, George Allen and Unwin Ltd., 1945 (third impression), p. 328.
Angus Maddison, Phases of Capitalist Development, Oxford, Oxford University Press, 1982, p. 206, Table C6.
William H. Beveridge, op. cit., pp. 18, 125 and 128. Some implications of this definition were discussed by J.L. Porket, Work, Employment and Unemployment in the Soviet Union, London, Macmillan, 1989, pp. 34–35.
John Jewkes, Ordeal by Planning, London, Macmillan, 1949 (reprinted), pp. 73 and 78–79.
Richard Layard, Stephen Nickell, and Richard Jackman, Unemployment, Oxford, Oxford University Press, 1991, pp. 397–398.
Michael Bruno and Jeffrey D. Sachs, Economics of Worldwide Stagflation, Oxford, Basil Blackwell, 1985.
Milton Friedman, Inflation and Unemployment, London, The Institute of Economic Affairs, 1978 (second impression), Occasional Paper 51, p. 30.
J.A. Trevithick, Involuntary Unemployment, New York, Harvester Wheatsheaf, 1992, p. 197.
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© 1995 J. L. Porket
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Porket, J.L. (1995). Measurement and Rates of Open Unemployment. In: Unemployment in Capitalist, Communist and Post-Communist Economies. St Antony’s/Macmillan Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230374225_2
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DOI: https://doi.org/10.1057/9780230374225_2
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