The Rise of Unemployment since the 1950s

David Schwartzman

Chapter 11 in Economic Theory, Welfare and the State, 1990, pp 176-199 from Palgrave Macmillan

Abstract: Abstract Demographic explanations of the rise in unemployment in the United States since the 1950s have had little success (Summers, 1986). Greater female labour force participation has had no noticeable effect, and there are now relatively fewer unemployment-prone teenagers than in 1965. Surprisingly, unemployment has gone up despite a higher general level of education.

Keywords: Interest Rate; Unemployment Rate; Real Wage; Real Interest Rate; Capital Good (search for similar items in EconPapers)
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-10911-1_11

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DOI: 10.1007/978-1-349-10911-1_11

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