Why present measures won't work

Abstract

The Government attempts to curb rising unemployment with job creation schemes and subsidies, while the unions have come up with their answer — a cut in the working week. Stanley Alderson argues that neither of these ideas is likely to make a significant impact on unemployment and offers his own thoughts on what needs to be done: A ‘cheap’ money policy to encourage industrial investment, statutory control of overtime, and unemployment benefit paid by the hour instead of the week to overcome resistance to short‐time working.

Citation

(1978), "Why present measures won't work", Industrial Management, Vol. 78 No. 10, pp. 18-32. https://doi.org/10.1108/eb056887