An attempt is made in this article to redefine underemployment and unemployment without making reference to an excess … supply of labor or any causal mechanism of unemployment. Instead, underemployment and unemployment are defined in terms of … prefer to move into. Empirically, most recent survey data on preferences for contingent and other nontraditional employment …

There is wide agreement that the dynamics of inflation and unemployment are influenced by supply and demand shocks … approach to decompose movements in U.S. postwar unemployment and inflation into three orthogonal components. These components … observable variables in sensible ways, and they are used to analyze and interpret inflation-unemployment tradeoffs and postwar …

-section/time-series models of the effects of unemployment on alternative poverty indexes. The indexes include the official headcount rate and …, the declines in unemployment of the last decade had no significant impact on poverty. The findings thus provide important …