The Nature and Sources of Unemployment in the United States

26 weeks adjustment aggregate demand ALMQVIST & WIKSELL American economy Australia bottleneck business cycle college graduates commodity markets composition curve demographic Denmark evidence expansion expected fall fact figures fiscal and monetary Gallaway Hancock higher unemployment rates incidence of long-term incidence of unemployment increasing structural unemployment industrial and occupational Kalachek Keynesian Korean War labor force labor market policy labor mobility less level of unemployment long-term unemployed long-term unemployment ment rate mobility monetary policy Myrdal Negro unemployment occupational groups OECD overall unemployment rate percentage point postwar period pressure of demand problem productivity quarter of 1963 recent regional unemployment rates relative rise sales workers scatter diagrams sectors semi-skilled workers shift specific unemployment rates statistical structural change structural unemploy structuralist hypothesis suggest Sweden tendency for unemployment term unemployment third quarter tion trade uneven unfilled vacancies United unskilled laborers vacancy rate very-long-term unemployed very-long-term unemployment wage WICKSELL LECTURES