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Fall 1999

ISSN 0890-913X

Volume 15, Number 1

Categories: Fall 1999 | Government Policy

Active Labor Marketed Policies and Measured Unemployment in Europe

Edward Bierhanzl, Florida A & M University

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ActiveLaborMarketPoliciesandMeasuredUnemploymentinEuropeEdwardBierhanzlFloridaA&MUniversityWiththeunemploymentrateintheEuropeanUnionnear10percentandtherateinseveralEUcountriesinthedoubledigits,theneedtocombatunemploymentoftentakescenterstageinpolicycirclesthroughoutthecontinent.Unfortunately,aswithmanyotherpolicyissues,attemptstoaddressthisparticularproblemfocusmoreonpoliticalgoalsthaneconomicones.TheEuropeanunemploymentproblemandtheAeurosclerocis@thatplaguessomanycountriesareinextricablylinkedtothewaythatEuropeangovernmentstreatunemployment.Recentworkhasshownthatheavyhandedlabormarketregulationcanhaveseriouslydeleteriouseffectsonbothacountry=sunemploymentrateandthedurationofunemployment(BierhanzlandGwartney,1999).Furthermore,becauseofthelengthstowhichgovernmentinterventionsdistortthelabormarket,themeasurementitselfoftheunemploymentratemaybesuspect.InmanyEuropeancountriesthevarioustraining,publicsectoremploymentsubsidizedemployment,andearlyretirementprogramsthatareoftenlumpedtogetherundertheheadingofActiveLaborMarketPolicies(ALMPs)leadtoasignificantunderstatementoftheunemploymentrate.Thisisparticularlysignificant,asmanyEuropeancountries,bothtransitionaleconomiesandestablishedeconomies,havebeguntorelymoreheavilyonActiveLaborMarketPoliciesintheirunemploymentstrategies.ActivelabormarketpoliciesALMPsareAactive@inthesensethattheyinvolveparticipationbybothrecipientsandgovernmentalagencies,andAareaimedatimprovingthefunctioningofthelabormarketby:

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Metadata [hide]

Title	Active Labor Marketed Policies and Measured Unemployment in Europe
Authors/Creators:	Edward Bierhanzl, Florida A & M University
Year:	1999
Volume:	15
Number:	1
Pages:	109 - 123
Publisher:	The Association of Private Enterprise Education
ISSN:	0890-913X
Document Type:	Articles

Citation:
Bierhanzl, Edward / 1999. "Active Labor Marketed Policies and Measured Unemployment in Europe." The Journal of Private Enterprise, 15(1): 109-123.