* Conditions to ensure an ECFA is beneficial Nov 17, 2009
Yet NT$30 billion would not be enough to cover the losses these businesses would incur, nor would monetary subsidies alone be able to prevent structural unemployment, the undermining of industries and other long-term effects of an ECFA.. Although there is not space to offer a detailed analysis of possible solutions here, a first question to ask is why taxpayers should foot the bill for the damage caused by an ECFA. Would the public share in the benefits that certain industries would reap from an... (Taipei Times, Taiwan -- World)
South Africa: State 'On Track for Zuma Jobs Target' Nov 10, 2009
But unemployment patterns show the growth in job opportunities remains patchy and short-term, and is failing to dent structural unemployment in the economy. Moreover, several municipalities that drive many of these initiatives are beset with challenges. (allAfrica.com)
Kingdom of the Netherlands—The Netherlands 2009 Article IV Consultation: Preliminary Conclusions Nov 3, 2009
Indeed, the mission considers that potential growth may run considerably lower than before the downturn in the near to medium term, owing to the disruption of financial intermediation, large contraction in investment, likely rise in structural unemployment (possibly discouraging labor force participation), and a deceleration in total factor productivity from financing constraints and increased risk aversion. Although potential growth is expected broadly to return to its pre-crisis trend over the... (IMF News)
Click to read:Unemployment Figures Cloud Recovery Hopes Oct 4, 2009
A weak economy and structural unemployment are symptoms, not the underlying problem, and can not be solved by stronger corporate earnings. Under current trade policies young and old are fighting over the same shrinking pie. (CBS News)
More women support families Sep 13, 2009
Their absence from such programs, he worries, could lead to structural unemployment, a perpetual state of joblessness that occurs when a person s skills haven t kept pace with change. That, he says, could mean a permanent reversal of the breadwinner role in some families. (Atlanta Journal-Constitution -- Metro)
IMF chief sees global recovery, urges exit strategies Sep 4, 2009
"A jobless recovery remains a risk. Having so many people out of work has significant economic costs, ranging from lower private demand to a decline in potential growth if structural unemployment rises," he said. "The social consequences are potentially even more worrisome.". (Sydney Morning Herald -- Opinion)
Beyond the Crisis: Sustainable Growth and a Stable International Monetary System, Speech by Dominique Strauss-Kahn, Managing Director of the International Monetary Fund Sep 4, 2009
Having so many people out of work has significant economic costs, ranging from lower private demand to a decline in potential growth if structural unemployment rises ... The sharp fall in investment may lower effective capital, and job losses may be translating into higher structural unemployment. (IMF News)
WE SAY: We need to focus on education and finding opportunities.'>- Our Opinion: No good news in economic data 0 Sep 1, 2009
While it is true that a certain amount of structural unemployment is built into the local work force, mainly due to the seasonal nature of agricultural labor, it is also true that the last time Imperial County had a 30-percent unemployment rate was in 1998. That was well before the construction boom that spawned a period of unprecedented growth in the residential and commercial building sectors, bringing with it population growth and the creation of new employment opportunities throughout the... (El Centro Imperial Valley Press, CA)
•Workers must learn more relevant skills to compete Aug 6, 2009
The phrase at issue was my characterization of structural unemployment as a pernicious burden on communities and individuals. As a reminder, structural unemployment is the type that occurs when a set of skills or products become outdated ... Structural unemployment doesn't have to be either. (The Daily Journal)
Read 'Cost of Freedom' recap Jul 8, 2009
In terms of the question "what's the effect of the market" I think it's really quite minimal because the market is struggling with the highest structural unemployment in 50 years. We lost 5. (Fox News)
OECD says recession near low-point Jun 25, 2009
Europe would be particularly at risk from an increase in long-term, structural unemployment, it added. Against this backdrop, the withdrawal of supportive measures must not be unduly hasty. (Yahoo! Asia News)
Labour chief says firms should not adopt "retrench and hire" approach May 7, 2009
He added that at the economy level, it would lead to massive relocation of workforce, while at the national level it would result in a rise in structural unemployment. He said companies that are restructuring their operations should focus on reskilling, upskilling and multi-skilling their existing workers while keeping their wage costs down. (Channelnewsasia.com)
Monetarism enters bankruptcy May 6, 2009
There is of course irrefutable logic within the workings of a capitalistic labor market in support of the concept of structural unemployment. Yet the conceptual flaw in NAIRU is its acceptance of a natural rate of unemployment as a justification to abandon the social goal of full employment. (Asia Times Online)
Unemployment: When jobs disappear Mar 14, 2009
Coupled with generous welfare benefits this resulted in decades of high structural unemployment and a huge rise in the share of people without work. In America, where the social safety net was flimsier, there were far fewer regulatory rigidities and people were more willing to move, so workers responded more flexibly to structural shifts. (The Economist)
NTUC chief says 12,668 job openings available at E2i Mar 4, 2009
Mr Lim said: "What we hope is that as we go through this downturn, we can actually upturn the employment mobility of Singapores workers because job openings are there. What we have to overcome is the mismatch between the jobs and job seekers. "Our biggest challenge today is to overcome and minimise structural unemployment. There are jobs and there are job seekers. (Channelnewsasia.com)
Fiscal Policy: Same Old New Deal Mar 4, 2009
By 1939, a frustrated Henry Morgenthau had concluded that massive tax-and-spend programs hadn't made a dent in structural unemployment, which was at 20. "We have tried spending money," Morgenthau lamented. (Investors Business Daily)
Counterpoint: Stimulus package faces technology headwind Feb 20, 2009
During the microprocessor's growth stage, there was a significant need for capital and the ability of the economy to generate high growth rates with low structural unemployment. As the microprocessor life cycle matured, Pushing capital into the system that could not be productively invested only created speculative asset bubbles. (EETimes)
