ERIC Number: ED383873
Record Type: RIE
Publication Date: 1995-May
Unemployment Still a Problem after Four Years of Economic Recovery. AFL-CIO Reviews the Issues. Report No. 80.
According to an analysis by the AFL-CIO, unemployment is still a problem 4 years after the end of the last recession. Since that time, although employment is up, many jobs lack adequate pay and benefits and many jobs are insecure. In addition, 7.7 million people are still jobless, compared to fewer than 3 million in the 1960s. In addition, the official employment rate understates the extent of unemployment and underemployment. Unemployment is highest for inner-city residents, teens, blacks, and Hispanics. Job quality is also declining, with poorly paid service jobs replacing better-paid manufacturing jobs and temporary and part-time work becoming increasingly common. About 1.5 million workers are dislocated each year. Despite the rise in jobs, workers have not shared in the wealth they help create. Top officials of corporations have seen soaring pay increases whereas worker pay has been held down. Average weekly earnings at the end of 1994 were 12 percent below the 1979 level, in dollars adjusted for inflation. Despite 4 years of economic expansion, unemployment is still a problem and many groups have been left behind. According to the AFL-CIO, a number of measures should be taken to reduce unemployment, such as job training and assistance for workers dislocated by plant closings. (KC)
Descriptors: Adults, Dislocated Workers, Economics, Futures (of Society), Policy Formation, Public Policy, Underemployment, Unemployment, Unions, Wages
AFL-CIO Publications and Materials Office, 815 Sixteenth Street, N.W., Washington, DC 20006.
Publication Type: Opinion Papers
Education Level: N/A
Authoring Institution: American Federation of Labor and Congress of Industrial Organizations, Washington, DC.