TY - GEN N2 - The global crisis has led to dramatic increases in unemployment rates over most of the countries of the OECD. This book provides alternative explanations of this phenomenon. Junankar begins with surveys of the labour market: labour demand, labour 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 unemployment and long-term unemployment impose serious and significant costs on individuals, families, and society in general. Raja Junankar focuses on vital social issues arising from the malfunctioning of economies and this collection of essays tackles the real cost of unemployment. DO - 10.1057/9781137555199 DO - doi AB - The global crisis has led to dramatic increases in unemployment rates over most of the countries of the OECD. This book provides alternative explanations of this phenomenon. Junankar begins with surveys of the labour market: labour demand, labour 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 unemployment and long-term unemployment impose serious and significant costs on individuals, families, and society in general. Raja Junankar focuses on vital social issues arising from the malfunctioning of economies and this collection of essays tackles the real cost of unemployment. T1 - Economics of the labour market :unemployment and the costs of unemployment / AU - Junankar, P. N., CN - HD5706 N1 - Includes index. ID - 781915 KW - Labor market. KW - Unemployment. SN - 9781137555199 SN - 113755519X TI - Economics of the labour market :unemployment and the costs of unemployment / LK - https://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1057/9781137555199 UR - https://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1057/9781137555199 ER -