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The United States lacks a comprehensive and coordinated labor market policy. This study seeks to evaluate the effectiveness of U.S. labor market policies that are presented and social and political barriers to policy impact are discussed.
List of contents
1. Introduction 2. Labor Market Policy Instruments and Expenditures 2.1 Income Replacement 2.2 Other Instruments for Income Transfer 2.3 Job Placement Services 2.4 Relocation Allowances 2.5 Expenditures for Training and Job Creation Measures 3. Changing Trends in Labor Supply and Demand 3.1 Labor Market Supply Factors 3.2 Demographic Factors Affecting Labor Pool 3.3 Participation Rates Affecting Labor Pool 3.4 Linkage between Education and Labor Force Participation 3.5 Level of Participation 3.6 Trends in the Demand for Labor 4. Changes in Labor Market Dynamics 4.1 Relationship of Unemployment Level to Vacancy Rate 4.2 Wage Differentials 4.3 Mobility Factors Affecting the Labor Pool 5. The Structure and Dynamics of Unemployment 5.1 The Distribution of Unemployment 5.2 The Geographic Distribution of Unemployment 5.3 The Duration of Unemployment and Insurance Benefits 6. Outcome of Labor Market Policy and the Policy Process 6.1 Introduction 6.2 Labor Market Training Programs 6.3 Job Creation Activities 6.4 The Effects of Income Replacement and Transfer Programs 6.5 Evaluations of Labor Market Programs 6.6 Social Impacts 6.7 The Policy Making Process and Implementation Factors 6.8 Policy Outcomes
About the author
Lois Recascino Wise
Summary
The United States lacks a comprehensive and coordinated labor market policy. This study seeks to evaluate the effectiveness of U.S. labor market policies that are presented and social and political barriers to policy impact are discussed.