Trends in the Structure of the Labor Market and Unemployment
Trends in the Structure of the Labor Market and Unemployment
Publication Info
Description
This report provides a timely review of the internal and external forces of change affecting the
The report concludes with policy suggestions for enhancing UI program effectiveness in the new economy, while accurately identifying three competing objectives of the UI program that policy makers should take into account: provide adequate income to eligible claimants; control total program costs; and minimize the adverse incentive effects of the UI program on workers’ job search behavior. Changes in the system that improve the protection available to laid-off workers will often increase program costs or increase the adverse incentives to delay seeking employment. Through the use of a variety of data sources, the report describes observable trends in the structure of the labor market in tabular and graphical form.