Unsustainable employment portfolios

John Buchanan, Gary Dymski, Julie Froud, Sukhdev Johal, Adam Leaver and Karel Williams
Additional contact information
John Buchanan: University of Sydney, Australia
Julie Froud: University of Manchester, UK
Sukhdev Johal: Royal Holloway, University of London, UK
Adam Leaver: University of Manchester, UK
Karel Williams: University of Manchester, UK

Work, Employment & Society, 2013, vol. 27, issue 3, 396-413

Abstract: This Debates and Controversies contribution introduces the notion of an employment portfolio to explore how economies create combinations of employment. It is not simply the number of jobs but the factor share distributed to labour and the sectoral mix and composition that matter. Three case studies of employment portfolio (Australia, California and the UK) are used to show how previous attempts at structural reform failed to deliver sustainable employment, even though economies need to offer a portfolio of jobs as a hedge against an uncertain future. The article argues that new ideas and non-standard policies are required to help create employment of sufficient quality and quantity in the current difficult conditions.

Keywords: distribution of employment; employment portfolios; labour factor share; structural reform; sustainable employment growth (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:sae:woemps:v:27:y:2013:i:3:p:396-413

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