Unemployment Dynamics: Economic & Social Impacts
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Understanding Unemployment
Historical Roots & Economic Costs
Unemployment is a phenomenon of the industrial economy, emerging over the past two centuries. In the past, land was an important source of employment. Nowadays, unemployment incurs significant economic costs due to production loss, and substantial social costs because of its negative effects on income distribution.
Factors Shaping the Job Market
Laws, social institutions, and personal assessments are among the many factors that influence the job market.
Spain's Labor Market: 1980-2011 Trends
Pre-Crisis Growth & Post-Crisis Plunge
According to García Brossa, the evolution of the Spanish job market from 1980 to 2011 has been characterized by several key developments. There was an... Continue reading "Unemployment Dynamics: Economic & Social Impacts" »