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Labor And Employment Issues 1st Edition Nickolas H Mullen

  • SKU: BELL-51360750
Labor And Employment Issues 1st Edition Nickolas H Mullen
$ 31.00 $ 45.00 (-31%)

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Labor And Employment Issues 1st Edition Nickolas H Mullen instant download after payment.

Publisher: Nova Science Publishers, Incorporated
File Extension: PDF
File size: 6.13 MB
Pages: 148
Author: Nickolas H. Mullen
ISBN: 9781616688837, 1616688831
Language: English
Year: 2010
Edition: 1

Product desciption

Labor And Employment Issues 1st Edition Nickolas H Mullen by Nickolas H. Mullen 9781616688837, 1616688831 instant download after payment.

In the short run, the relationship between economic growth and the unemployment rate may be a loose one. One reason that unemployment may not fall appreciably when economic growth first picks up is that some firms may have underutilized labor. Laying off workers when times are bad and rehiring them as conditions improve has costs. In other words, firms may be able to increase their output by raising the productivity of the labor on hand, which yields a temporary boost in measured labor productivity above its longer-run rate of growth. This book examines the relationship between economic growth and the unemployment outlook to anticipate possible future developments.

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