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The Rise of Unemployment since the 1950s

In: Economic Theory, Welfare and the State

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  • David Schwartzman

Abstract

Demographic explanations of the rise in unemployment in the United States since the 1950s have had little success (Summers, 1986). Greater female labour force participation has had no noticeable effect, and there are now relatively fewer unemployment-prone teenagers than in 1965. Surprisingly, unemployment has gone up despite a higher general level of education.

Suggested Citation

  • David Schwartzman, 1990. "The Rise of Unemployment since the 1950s," Palgrave Macmillan Books, in: Athanasios Asimakopulos & Robert D. Cairns & Christopher Green (ed.), Economic Theory, Welfare and the State, chapter 11, pages 176-199, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-10911-1_11
    DOI: 10.1007/978-1-349-10911-1_11
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