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The Unemployment Crisis

In: Workers and the New Depression

Author

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  • Robert Taylor

Abstract

Mass unemployment has returned to haunt and bewilder the western industrialised world during the past few years for the first time since the great depression between the wars. In the countries of the Organisation for Economic Co-operation and Development (OECD) in the winter of 1981–2 more than 28 million people were jobless, compared with around 10 million in 1973. Across the world the International Labour Office in Geneva has estimated that over 300 million people have no work to do and many more remain underemployed. In the United Kingdom over one in twelve was unemployed by the winter of 1981–2. The Manpower Services Commission has projected that the numbers out of work in this country will continue to rise and fail to fall very dramatically at least before the late eighties. There seems very little prospect of any return to ‘full’ employment for the rest of this century.

Suggested Citation

  • Robert Taylor, 1982. "The Unemployment Crisis," Palgrave Macmillan Books, in: Workers and the New Depression, chapter 1, pages 1-45, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-16923-8_1
    DOI: 10.1007/978-1-349-16923-8_1
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