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ERIC Number: ED018633
Record Type: RIE
Publication Date: 1967-Mar
Pages: 37
Abstractor: N/A
Reference Count: 0
ISBN: N/A
ISSN: N/A
AUTOMATION AND UNEMPLOYMENT.
SCHMIDT, EMERSON P.; STEWART, CHARLES T.
HIGH UNEMPLOYMENT RESULTS IN ECONOMIC LOSSES TO THE ECONOMY AND IMPOSES SUFFERING ON MILLIONS OF INDIVIDUALS AND FAMILIES. OF THE MANY TYPES, LONG-TERM STRUCTURAL UNEMPLOYMENT AFFECTS MORE THAN ONE MILLION WORKERS AND IS MOST INTRACTABLE TO TREATMENT AND DISTURBING IN TERMS OF HUMAN HARDSHIP. MOST OF THE WORKERS CLASSIFIED AS STRUCTURALLY UNEMPLOYED ARE WITHOUT WORK FOR MORE THAN 26 WEEKS AND ARE OFTEN EMPLOYED IN THE AUTOMOBILE, AIRCRAFT, STEEL, AND TEXTILE INDUSTRIES, AND IN COAL MINING. OF THE BASIC APPROACHES TO THE PROBLEM OF STRUCTURAL UNEMPLOYMENT, THAT OF SPEEDING AND FACILITATING THE MOBILITY OF RESOURCES, BOTH LABOR AND CAPITAL, FROM DECLINING TO EXPANDING PRODUCTS, INDUSTRIES, OCCUPATIONS, AND AREAS BOTH REDUCES THE COSTS OF ADJUSTMENTS AND SPEEDS PROGRESS. IT CREATES AND NOURISHES BETTER PAYING JOBS. SOME POLICY QUESTIONS TO BE CONSIDERED IN SOLVING UNEMPLOYMENT ARE UNEMPLOYMENT COMPENSATION, PROVISION OF INCOME SECURITY, TRAINING AND RETRAINING, PROVISION FOR THE UNEMPLOYABLE, IMPROVEMENT OF DEPRESSED AREAS, IMPROVEMENT OF LABOR MOBILITY, AND CREATION OF CONDITIONS FOSTERING ECONOMIC GROWTH. THE MOST PROMISING LONG-RUN APPROACH TO SOLVING STRUCTURAL UNEMPLOYMENT LIES IN PRIVATE AND PUBLIC POLICIES WHICH STIMULATE OPTIMUM ECONOMIC GROWTH UNDER COMPETITION, FLEXIBILITY, CONFIDENCE, AND PRICE LEVEL STABILITY. A LIST OF SELECTED READINGS IS INCLUDED. THIS DOCUMENT IS AVAILABLE FOR 50 CENTS FROM CHAMBER OF COMMERCE OF THE UNITED STATES, 1615 H STREET, N.W., WASHINGTON, D.C. 20006. (WB)
Publication Type: N/A
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: N/A
Authoring Institution: Chamber of Commerce of the United States, Washington, DC.
Identifiers: N/A