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achievement of plausible target unemployment rates, disaggregated by age and gender. Second, we analyze the job creation needs … coming decades. Overall, shifting demographics, changing labor force participation rates, reductions in unemployment to the …
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Demographic change across the globe puts pressure on labour markets and public finances. Most studies on ageing focus on the projected development of the old age dependency ratio, being the ratio of persons 65 or older relative to the working age population. This ratio gives a very incomplete...
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The global crisis has led to dramatic increases in unemployment rates over most of the countries of the OECD. This book … 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 …
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The unstoppable progress of the demographic transition is determining a progressive decline of the rates of growth of the total population and working age population of the planet, two phenomena that could have a very positive global socioeconomic and environmental impact. Unfortunately, it is...
Persistent link: https://www.econbiz.de/10012162985
Most economists maintain that the labor market in the United States (and elsewhere) is tight because unemployment rates … are low and the Beveridge Curve (the vacancies-to-unemployment ratio) is high. They infer from this that there is … potential for wage-push inflation. However, real wages are falling rapidly at present and, prior to that, real wages had been …
Persistent link: https://www.econbiz.de/10014078744