The Unemployment/Vacancy Curve
ISBN:
978-3-642-50306-1
Auflage:
Softcover reprint of the original 1st ed. 1992
Verlag:
Physica
Land des Verlags:
Deutschland
Erscheinungsdatum:
13.11.2012
Reihe:
Studies in Empirical Economics
Format:
Softcover
Seitenanzahl:
152
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Versandkostenfrei ab 40 Euro in Österreich
Rising unemployment has become one of the most challenging problems for economic policy in many developed economies over the last fifteen years. In the second half of the 1970s and during the first half of the 1980s the labour market situation worsened dramatically. For the OECD area as a whole, unemployment as a percentage of the civilian labour force went up from 3.3 percent in 1974 to 8.1 percent in 1985. The increase in unemployment rates was even more pronounced for OECD-Europe, where it climbed from 3.3 percent to 10.5 percent in this period. Table 1.1: Unemployment Rates in some aECD Countries, 1974-1989 yearly average 1989 1974{79 1974 1979 1985 1980/85 1985/89 USA 5,6 5,8 7,2 5,2 6,8 8,1 6,2 UK 2,2 4,5 11,6 6,5 4,2 10,0 9,7 3,3 8,3 7,3 3,5 6,6 7,9 FRG 2,1 2,4 1,3 1,5 2,4 2,2 Sweden 1,6 1,7 Austria 1,1 1,7 3,6 3,4 1,5 3,0 3,5 Austria*) 1,5 2,0 4,8 5,0 1,9 3,6 5,3 OECDEurope 3,3 5,7 10,5 9,0 4,8 9,1 10,0 OECD 3,7 5,2 8,1 6,6 5,0 7,7 7,5 *) national definition - see footnote 1). Source: OECD, 1989; BMSA.
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