The Natural Survival of Work

Pierre Cahuc and Andre Zylberberg ()

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Abstract: Every working day in the United States, 90,000 jobs disappear--and an equal number are created. This discovery has radically altered the way economists think about how labor markets work. Without this necessary phenomenon of "creative destruction," our economies would experience much lower growth. Unemployment is a natural consequence of a vigorous economy--and is in fact indispensable to it. In The Natural Survival of Work, labor economists Pierre Cahuc and André Zylberberg consider how to manage the unemployment that results from the desirable churning of the economy, drawing on recent economic research and citing examples from France, the United States, the United Kingdom, and elsewhere.

Keywords: unemployment; labor market policies (search for similar items in EconPapers)
Date: 2006-08
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Citations: View citations in EconPapers (12)

Published in MIT Press, pp.184, 2006

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00308624

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