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What Should be Done about Rising Unemployment in the UK
註釋Argues that while the credit situation differentiates the 2008 recession from earlier ones in the UK, the concentration of unemployment among the young and other disadvantaged groups is typical of past recessions. Argues that unemployment is due to a collapse in demand rather than to frictions in the labour market caused by institutional inflexibilities. Suggests that young people will be on the key groups that will suffer from unemployment in the UK and reviews the past success of active labour market policies to improve their chances of employment chances and proposes policies to alleviate unemployment in the short to medium term.