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Labor Market Adjustments to Structural Change and Technological Progress

Labor Market Adjustments to Structural Change and Technological Progress
Author: Eileen R. Appelbaum
Publisher: Praeger
Total Pages: 272
Release: 1990-10-17
Genre: Business & Economics
ISBN:

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This volume brings together an international group of contributors to explore the impacts of structural economic change and technological progress on labor markets. The contributors goal is to present an in-depth comparative study of the ways in which different national economies have adjusted to structural changes like the shift to service-based economies and technological changes brought about by the increasing use of the computer in offices and on the production line. Examining the adjustment process from both a micro and macro perspective, the contributors analyze the flexibility potentials within the different institutional organizations of the labor market in the U.S., France, West Germany, Great Britain, and Sweden. The study begins with a comprehensive introduction written by the editors which discusses the problem of structural and technological change in economic, social, and political terms. Two subsequent chapters address the economic structures of post-industrial society and the differential characteristics of employment growth in service industries. The contributors then present individual analyses of the labor market situation in the five countries under study as well as two general studies of institutions regulating the labor market and flexibility within the labor market. Throughout, the contributors are concerned with key issues such as which systems seem to adapt best, how skill and educational needs may be met in the changing labor market, and the importance of flexibility in a system characterized by ongoing structural and technological change. Ideal as supplementary reading for advanced courses in labor economics and industrial organization, this volume offers important new insights into labor market flexibility in the face of significant and continuing change.


The Labor Market and Economic Adjustment

The Labor Market and Economic Adjustment
Author: Pierre-Richard Agénor
Publisher: International Monetary Fund
Total Pages: 98
Release: 1995-11-01
Genre: Business & Economics
ISBN: 1451854781

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This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.


Structural Changes in U.S. Labour Markets: Causes and Consequences

Structural Changes in U.S. Labour Markets: Causes and Consequences
Author: Randall E. Eberts
Publisher: Routledge
Total Pages: 248
Release: 2019-07-26
Genre: Business & Economics
ISBN: 1315488566

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During much of the 1980s, US wage growth has been unexpectedly slow in the face of relatively low unemployment rates and high capacity utilization rates. This collection of papers resulting from the Wage Structure Conference held by the Federal Research Bank of Cleveland, November 1989, helps explain labour market behaviour in that period. The contributors - academic and research economists in labour economics - provide a comprehensive assessment of the current state of the wage-setting process in the US labour market.


Work and Change

Work and Change
Author: Committee for Economic Development. Research and Policy Committee
Publisher:
Total Pages: 90
Release: 1987
Genre: Business & Economics
ISBN: 9780871860835

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The net effect on employment of structural changes now occurring in the United States will be determined by the actions that government, management, and labor take to create and support the conditions for new opportunity and to encourage people to move from old to new work. Many of the measures that need to be taken to ensure profitability involve changes in the type of work done and the number of people employed. Labor adjustment policies have to be factored into any decision taken by management to improve competitive position. The six crucial elements around which adjustment policies in the private sector should be structured are: (1) communication between management and labor regarding competitive realities, steps needed to improve market position, and rewards employees can expect; (2) employee involvement at the work level in the design and implementation of productivity improvements; (3) flexible total compensation that links wages and benefits to profitability; (4) advance notification to employees, unions, and the community of decisions affecting jobs; (5) reorientation of employee benefits so that employees moving between firms do not lose them; and (6) support programs that allow workers to shift to new opportunities. The critical elements around which public sector adjustment policies should be structured are incentives to reemployment, coordination of public and private resources, commitment to job training programs, promotion of economic development strategies, and educational reform to emphasize the skills and attitudes needed to prepare students for higher-skilled, technology-based jobs. (The document contains 164 references.) (CML)


From One Job to the Next

From One Job to the Next
Author: Adam Seitchik
Publisher: W E Upjohn Inst for
Total Pages: 129
Release: 1989
Genre: Business & Economics
ISBN: 9780880990776

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This four-chapter book explains how the structure of job opportunities in the United States has changed over the past 20 years as the economy has changed from goods production to service employment; it links such changes to the issues of displacement policy and worker mobility. It is intended to contribute to the formation of policies and programs designed to help workers adjust to economic change. The first chapter outlines changes in the structure of job opportunities and assesses their effect on the post-layoff adjustment process of displaced workers and policies to facilitate it. Chapter 2 focuses on how the structure of job opportunities in the United States has changed in the recent past, explaining the issues and problems these changes may pose for successful worker adjustment. Analysis was made through data supplied by the March Work Experience Supplements to the Current Population Survey (CPS). Chapter 3 assesses the manner in which displaced workers have responded to changes in the structure of jobs and the implications that emerge for program policy. Data used were obtained from the January 1986 Dislocated Worker Supplement to the CPS. The final chapter draws together the conclusions from the analyses to identify the major challenges faced by programs and policies designed to facilitate worker adjustment to economic change. It discusses realistic policy goals and their implications for program strategy. Forty-two tables, extensive notes, and an index are provided. (KC)


Structural Reforms

Structural Reforms
Author: Jakob de Haan
Publisher: Springer
Total Pages: 284
Release: 2018-03-22
Genre: Political Science
ISBN: 3319744003

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This book presents a selection of contributions on the timely topic of structural reforms in Western economies, written by experts from central banks, the International Monetary Fund, and leading universities. It includes latest research on the impacts of structural reforms on the market economy, especially on the labor market, and investigates the results of collective bargaining in theory and practice. The book also comprises case studies of structural reforms. A literature survey on the topic serves as a valuable source for further research. The book is written by and targeted at both academics and policy makers.