Double-Digit Unemployment Looms, OECD tells G8
Alibaba.com (29 March 2009)
[accessed 1 April 2009]
Alibaba.com is a business to business e-commerce website that carries a world news section. This news article on this report of the Organization for Economic Cooperation and Development (OECD) is a deliberation on one of the crucial aspect of the worldwide economic meltdown in connection with the G20 Summit that was held in London on 2 April 2009. The salient points of OECD in the report hinges on the threat of the steep rise of unemployment in 2010. The organization urges the group of the 20 most powerful economies to resolve in clearer and highly committed processes to curtail if not halt the continuing threats to unemployment. The financial crises that is currently rampaging the world must be immediately resolved before it becomes a full-blown social crises that will terribly hurt the vulnerable labor force in the whole world.
Aaron, Henry J. (1978). Politics and the Professors:
the Great Society in Perspective (page 138)
Brookings Institution Press
This book is the 16th volume in the social economics series of the Brookings Institution Press publications. The author outlines the initial consensus on what are the problems of the United States and the programs of the Great Society and the War on Poverty are all about. Henry Aaron presents and analyzes the role of the federal government and its ability to establish beneficial change in poverty and discrimination; education and training; unemployment and inflation and co-relates with what other scholars and thinkers explains on the same. It also discusses and analyzes the major internal and external events in the country that contributed to the problems – like, Vietnam, civil rights coalition, Watergate. The book winds up its analysis and study that national policies that intends to solve social and economic problems together with the disillusionment of scholars and laymen are dependent on preconceptions and faith.
Dhooge, Yvonne & Popay, Jennie. (1987). Social Services and Unemployment:
Impact and Responses (page 157)
Unemployment: Personal and Social Consequences. Stephen Fineman, Ed.
In compiling the contents of the book, the proponent and editor, Stephen Fineman, solicited original writings from new and established writers on focal areas about unemployment in Britain covering issues facing women; the long-term unemployed; the jobless middle class; the school-leavers without work; family-related concerns; the effects of unemployment to the individual and the community; helping strategies; educational responses; issues of industrial relations. The book summons to action all concerned agencies towards this phenomenon of any economic downturn. This specific article written by Yvonne Dhooge and Jenie Popay dwelt on the contribution of society and social services in alleviating the drastic effects of unemployment to individuals and their families. The article dwells on the characteristics of individuals and families when they are jobless and what society can do to help.
Eatwell, John. (1996). Unemployment on a World Scale (page 3-5)
Global Unemployment: Loss of Jobs in the 90’s. John Eatwell, Ed.
M.E. Sharpe Publishing
This book is a record and compilation of all the papers presented during the New School Conference on Unemployment initiated by the graduate faculty of the Economics Department of the New School for Social Research, in New York on December 8, 1993. The studies and papers in the book are in depth analysis of unemployment transcending the whole world and how the social sciences confronts the problems and assists in the solution. The specific article of the editor, John Eatwell, dwells on how unemployment has commonly risen in the major economies of the world. It describes what caused the phenomenon and how are they affecting the various countries and its markets.
Fryer, David and McKenna, Stephen. (1987). The Laying Off of Hands –
Unemployment And the Experience of Time (page 69)
Unemployment: Personal and Social Consequences. Stephen Fineman, Ed.
Among the overall effect of unemployment in Britain, the proponent and editor of the book, Stephen Fineman, presented this article of David Fryer and Stephen Mckenna describing how unemployment is handled by the jobless in relation to his everyday life and time. Even if there is a general characteristic of what unemployment does to a person, yet there are still specific variable circumstances especially how each and every jobless individual manages his daily life and time. The overall experience of distress is somehow distinctive on each and every individual. The article profoundly analyzes how the unemployed drastically finds a total change in their lifestyle and outlook in life due to the lag and drags that joblessness brought to themselves and their lives. Thus, the psychological aspect of the jobless individual is threatened.
Hopkins, Kathryn. (16 Feb 2009). Unemployment forecast to reach
3 million before next election
Business. Unemployment and employment statistics. The Guardian
[retrieved 31 March 2009]
The Guardian is a prominent print publication in the United Kingdom that is issued daily. In its business section on 16 February 2009 issue, its columnist, Kathryn Hopkins, wrote an article on the projected unemployment level in UK. The article is based on what the Confederation of British Industry has reported on the continued slowing down of the economy in the year 2009 which the focal result will be a 2010 rise in unemployment at very steep levels. The comprehensive analysis of the Confederation of British Industry on the UK economy as reflected in this news article shows alarming forecasts.
Jackman, Richard. (1992). An Economy of Unemployment (pages 49-53)
Understanding Unemployment: New Perspective on Active Labour Market
Eithne McLaughlin, Ed.
The book is a multidisciplinary explanation of unemployment as a continuing crisis brought about by inefficient labor markets. Various contributors in the fields of economics, social policy, sociology, geography, law and psychology have outlined the nature of labor supply and demand; recruitment practices; effect of unemployment. The different articles and writings in the various chapters as compiled and edited by Eithne McLaughlin, is an overall perspective on unemployment and the effect of labor market policies. In this specific article of Richard Jackman on “An Economy of Unemployment”, the study preliminarily dwells on how economists view the reasons why an efficient labor market cannot avoid the rise of unemployment. The chapter then discusses how and why the changes in the level of unemployment have transpired. It likewise offers conclusions on the prospects and policies that can alleviate such causes.
Lipsey, Richard G. & Chrystal, K. Alec. (2007). Economics (Pages 567-568)
Oxford Unviersity Press
This is the 11th edition issue of the book which the authors extensively revised and updated covers a wide scope of economic core principles. The authors presented and featured in-depth and comprehensive topics in explaining theories and concepts as supported by real world cases. In its coverage of macroeconomic issues and in the chapter on unemployment under global economic problems, the author expounded the phenomenon of unemployment from Britain to the United States to other parts of the first world economies. It discusses the difficulties of unemployment in the decades of the 80’s and the 90’s and the classification of unemployment and its causes and cures. Against the backdrop of how the Keynesian revolution devised macroeconomic principles to solve the high unemployment that arose in the 30’s, this chapter continued to illustrate the various proposed solutions from the said revolution.
Peston, Maurice. (1981). Economic Aspects of Unemployment (pages 34-35_
Unemployment, Bernard Crick, Ed.
This publication is a reproduction of the compilation of articles and studies on unemployment in the United Kingdom as produced in the January 1981 special number of The Political Quarterly. The compilation covers the economic and political theories and concepts surround unemployment and touches on the errors of government policies to solve the same. The region wide analysis of unemployment in UK in the 80’s came to fore the integral deliberation of the problem and the need for the state to prioritize the welfare of its citizens. The specific chapter on the “Economic Aspects of Unemployment”, the author, Maurice Peston, clearly outlines the causes of unemployment in an economic perspective and more so, the prospect towards its solution.
Seddon, Edmund. 1987. Advanced Economics (pages 211-212)
Pan Books Ltd
This books is specifically and especially written as a guide and a review material for advanced level examinations in Economics in the United Kingdom. The author, Edmund Seddon has therefore covered a wide array of economic principles from terminology to specific facts on economic institutions; to general and specific methods of inquiry and main sources of information about economics and ways of presenting economic information; to main concepts, principles and generalizations employed within the field of economics and of the major economic theories held. In a major part of the book that handled macroeconomics, the Keynesian theories on business cycle and unemployment dwelt on causes of the kinds and classes of unemployment.
No related essays.