Unemployment: The Economists Agree

Article Abstract:

Analysts estimate that British unemployment is likely to remain at about its present 12.6 per cent level through the end of 1984. The concept of a natural rate of unemployment is gaining support. Factors contributing to the high unemployment rate are: diminished productivity growth, costly imported materials, and growth of real wages. Economists cite the influences of Social Security benefits and unions on unemployment. Keynesian economists favor an incomes policy as a remedy for unemployment.

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Jobs, Jobs and Less Jobs

Article Abstract:

Unemployment in France, which has been at 9.7 per cent for over a year, may rise if French industries wish to increase competitiveness. The coal and steel industries may suffer the most job losses. Shipbuilding also faces a year of declining prospects. Union trouble has plagued many private companies.

France

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Turning Too Late

Article Abstract:

Britain's unemployment picture may by turning around. However, the demographic composition of the unemployed presents a serious problem. A graph illustrates long-term unemployment by age.

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