The Great Recession from December 2007 to June 2009 is associated with a dramatic weakening of the labor market from which the labor market is now only slowly recovering. The unemployment rate remains stubbornly high and durations of unemployment are unprecedentedly long. I use data from the Displaced Workers Survey (DWS) from 1984-2010 to…

This paper was presented to a meeting of the Wellington Exchange, an international group of higher education officials, in December 2008. One of the topics of the meeting was around the issue of possible skills shortages emerging as a result of demographic trends, with the ageing of the population of developed countries. The paper argues that this…

Problems in the Canadian system of vocational training are addressed in this presentation to a special parliamentary committee by the chief executive officer of Pacific Vocational Institute (PVI). After introductory remarks on the purposes and objectives of PVI, two approaches to occupational training in Canada are discussed. The Manpower Demand…

This paper considers the economics of employment and education in industralized countries, particularly European countries. The paper covers six main topics. The first part deals with the present European employment situation, using figures mainly from Holland; the second part is an economic outlook for the 1980s; in the third, the employment and…

A futurist presents a picture of "cautious optimism" for the decade ahead in terms of resources--natural, technological, economic, organizational/political, human, labor and wages, and education and job skills. Our biggest problem, he says, is divisiveness, and education can help by preparing citizens to contribute to society through work. (MF)

The literature on employment growth in the United States and selected industrialized countries and the wage, benefits, and job security characteristics of new and existing jobs were analyzed to determine how job growth and quality in the United States during the 1980s and 1990s compares to that in other industrialized countries. Among the study's…

We are witnessing an historic shift in our approach to employment policy that will have profound implications for vocational educators. This shift is most recognizable in the waning influence of demand-side economics and the ascendence of supply-side economics. Recent indications are that public policy is no longer firmly committed to maintaining…

Economic analysis of the quality of life in America must consider personal values and social indicators as well as economic indicators. Although the technical procedures and statistical techniques of economic research are constantly improving, the validity of the research is hampered by problems of definition and measurement. Definition and…