These five papers underscore the fact that the labor market policies of Japan, West Germany, the United Kingdom, France, and Australia are similar in many ways. The papers are "Japanese Labor Market Policies" (Koji Taira), "The Labor Market Policies of West Germany" (Deborah R. Cichon), "The Management of the U.K. Labour Market: 1973-1983" (Rodney Stares), "French Labor Market Policies" (Howard Rosen), and "Labor Market Policy Measures in Australia: Recent Changes" (P. J. McMahon). They focus on what the five countries are doing to counteract unemployment and underemployment. Topics include youth programs, employment creation, older workers, and training and retraining. (YLB)