Abstract
Economists have generally distinguished between various types of unemployment, in terms of both their characteristic features and their underlying causal mechanisms. Some of these distinctions are non-controversial and relatively straightforward both in their definition and in their measurement. Thus, for example, there is not too much disagreement about the scale and nature of ‘seasonal unemployment’ or about the need for ‘seasonal adjustments’ to the regular monthly series of unemployment statistics published in all industrial countries.
Keywords
- Active labour market policies
- Aggregate demand
- Cyclical unemployment
- Frictional unemployment
- Kondratieff cycles
- Okun curve
- Principle of substitution
- Segmented labour markets
- Structural unemployment
- Technical change
- Technological unemployment
- Unemployment
- Uneven development
- Wage flexibility
- Wage rigidity
JEL Classifications
This chapter was originally published in The New Palgrave Dictionary of Economics, 2nd edition, 2008. Edited by Steven N. Durlauf and Lawrence E. Blume.
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Freeman, C. (2008). Structural Unemployment. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_1525-2
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DOI: https://doi.org/10.1057/978-1-349-95121-5_1525-2
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Online ISBN: 978-1-349-95121-5
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Chapter history
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Latest
Structural Unemployment- Published:
- 06 March 2017
DOI: https://doi.org/10.1057/978-1-349-95121-5_1525-2
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Original
Structural Unemployment- Published:
- 26 November 2016
DOI: https://doi.org/10.1057/978-1-349-95121-5_1525-1