Employment in the Lean Years: Policy and Prospects for the Next Decade
David Marsden
Abstract
Over the last fifteen years, the deregulation of Britain's labour market has led to economic growth, employment opportunities, and a more diverse workforce: the ‘fat years’. However, now as Britain faces its lean years with job cuts, rising unemployment, income insecurity, and related social strains, how can and should the government and key labour market policy makers ensure the labour market provides job opportunities and reasonable levels of social justice? The fundamental changes that have occurred in labour market institutions mean that ‘solutions’ of previous decades no longer work. This ... More
Over the last fifteen years, the deregulation of Britain's labour market has led to economic growth, employment opportunities, and a more diverse workforce: the ‘fat years’. However, now as Britain faces its lean years with job cuts, rising unemployment, income insecurity, and related social strains, how can and should the government and key labour market policy makers ensure the labour market provides job opportunities and reasonable levels of social justice? The fundamental changes that have occurred in labour market institutions mean that ‘solutions’ of previous decades no longer work. This volume sets out to address the major challenges faced: unemployment, immigration, housing and job subsidies; key institutional changes, such as the decline of collective regulation and the rise of occupational licensing; pay inequality and minimum wages; and pay and subsidies in the private and public sector.
Keywords:
deregulation,
labour market,
Britain,
economic growth,
employment,
workforce,
fat years,
lean years,
income insecurity,
immigration
Bibliographic Information
| Print publication date: 2011 |
Print ISBN-13: 9780199605439 |
| Published to Oxford Scholarship Online: April 2015 |
DOI:10.1093/acprof:osobl/9780199605439.001.0001 |
