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Economist.com
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Hysteresis is the term used for entrenched stubborn unemployment especially as workers stay on the job market for so long that they become dispirited and permanently unemployed. Britain's New Deal policies introduced by the Labor party do not work well in such situations because forcing people to find jobs has to be accompanied by jobs being available. The most successful so far are job subsidizing programs like Germany's Kurzarbeit. Kurzabeit encourages companies to adopt shorter working hours and reduce job losses and layoffs, because 60% of the lost income is paid to workers by the government. Since September 2008 the numbers taking advantage of this scheme went up from 80,000 to 1.4 million in June 2009. At present the OECD counts 22 governments that support a shorter working week to reduce job losses.
Rising Unemployment in the U.S. in 2009.
01/31/2009
The number of people on unemployment benefits hit 5.56 million on March 14, according to the Labor Department, with 662,000 new claims filed since then.
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The nature of unemployment in this U.S. downturn as men, young people and the less educated are the worst hit groups.
03/11/2009
In this US downturn men are hit harder than women with job losses in manufacturing and construction, the less educated hit hardest, and young people also hit hard.
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New York Times 06/22/2013
Wanted: Jobs for the New 'Lost' Generation
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Women Reach a Milestone in Job Market
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Andy Grove: How America Can Create Jobs
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Wall Street Journal 10/02/2010
More Men in Prime Working Ages Don't Have Jobs
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President Obama's lack of focus on unemployment and the absence of any serious and largescale infrastructure building for the 21st century
10/01/2009
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Obama's Infrastructure Plan: More Cash Could Hit the Road
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Voters’ Second Thoughts on Hope and Change
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It Will Be Years Before Lost Jobs Return -- and Many Never Will
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New York Times 10/06/2009
No Walk in the Park: For Obama One Year Later, It’s the Slog of Governance
New York Times 11/04/2009
Executives Express Caution About Hiring
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Unemployment in Europe, Japan and the USA. Stimulus measures in the U.S. and safety nets in Japan and Europe: 2008-2010
01/05/2007
How safety nets in Japan and Europe do what the stimulus helps to do in the USA. Coping with high unemployment.
Grouped Articles
New York Times 09/06/2011
Stimulus and the Depression: The Untold Story
Wall Street Journal 09/26/2011
Japan Is a Model Not a Cautionary Tale
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The Next First (and Only) 100 Days
New York Times 12/10/2011
New York Times 10/10/2010
New York Times 10/30/2014
How the economic crisis is affecting the U.S. as joblessness increases and people exhaust unemployment benefits.
07/10/2009
The situation in states like Michigan with the auto industry hit hard, and in other parts of the country.
Grouped Articles
Recipients of Jobless Benefits Down Sharply
Wall Street Journal 12/26/2014
Detroit's Food Banks Strain to Serve Middle Class
Wall Street Journal 07/10/2009
Part-Time Workers Mask Unemployment Woes
New York Times 07/15/2009
Jobs Report Highlights Shaky U.S. Recovery
New York Times 10/03/2009
It Will Be Years Before Lost Jobs Return -- and Many Never Will
Wall Street Journal 10/05/2009
BusinessWeek 10/09/2009
Kurzarbeit and other programs in Germany that reduce unemployment with government subsidizing shorter work weeks.
01/04/2008
Grouped Articles
The Price of Saving Jobs in Germany
BusinessWeek 07/29/2010
Economist 10/01/2009
German Workers' Wages Belie Country's Rebound
Wall Street Journal 08/17/2010
BusinessWeek 02/02/2011
Germany's economy: Angela in Wunderland
Economist 02/05/2011
Fixing America's Economy: Nine Ideas from Around the World
BusinessWeek 06/08/2011
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