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Employment Policy at Home and Abroad
A Historical Perspective
9 other sections not shown
addition adjustments American economy anti-inflationary argued budget consumption costs create decline demand disadvantaged discourage dislocated workers displacement distribution dollar domestic earnings economic policy education and training effects employees employment and training encourage especially expansion favor Federal Reserve full employment goals growth Hispanics human capital human capital development human resource incentives income incomes policies increase individual industries inflation inflationary institutions interest rates job seekers jobless growth Keynes Keynesian labor force labor market distress levels macroeconomists manufacturing ment microeconomic policies million monetarist monetary restraint Moreover NAIRU output percent persistent place training political population postwar pre-employment education price stability problem productivity programs rate of unemployment recession reduce result secondary labor markets sectors shift skills social spending stagflation stimulus strategy structuralist structure suggest supply supply-side supply-side economics targeted tax cuts tend tion trade deficits unemployed unemployment rate wage and price youth