The Social Costs of Unemployment
- Publisher:
- Sage Publications Ltd.
- Publication Type:
- Journal Article
- Citation:
- The Economic and Labour Relations Review, 2002, 13 (2), pp. 207 - 225
- Issue Date:
- 2002-01
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The last two decades have witnessed the unravelling of the Keynesian consensus and full employment that characterized the quarter century after World War II. Inequality and poverty have deepened and hundreds of thousands of Australians no longer have job security and are being intermittently or permanently shut out of the formal economy. This review article examines the social costs of unemployment focusing on 'The Price of Prosperity: The Economic and Social Costs of Unemployment' (TPOP) edited by Peter Saunders and Richard Taylor.
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