Towards The Goal Of Full Employment

This study provides an overview of the current global employment situation. It examines the effectiveness of existing policies and how many of them fall short in today's economic climate.

Economist Robert Pollin argues that the United States needs to try to implement full employment and how it can help the economy.

The United Nation’s Sustainable Development Goals include a specific target for full and productive employment. However, what constitutes full employment in developing countries is not yet clearly understood. And likewise, there is no clear direction for developing strategies and policies to address this challenge. Drawing on the author’s deep knowledge of employment and inclusive development, this book presents a broad framework which could enable us to pursue the challenging goal of full, productive employment in developing countries. It revisits the conceptual foundations of full employment and carefully examines the issue of suitable indicators for monitoring progress. It also examines the challenges created by globalized production chains and labour market fluctuations caused by economic crises. This book throws light on a major lacuna in development thinking on how the challenge of creating productive employment for all in developing countries needs to be addressed. It provides a solution by re-examining relevant theories and empirical evidence, and by bringing out their implications for development strategies and policies. Finally, the focus falls on the effective implementation of employment strategies and policies. This authoritative work will appeal to a diverse readership of academic researchers, think-tanks, international organizations, and development partners.

Considers legislation to establish a national policy and program for assuring continuing full employment in a free competitive economy, through the concerted efforts of industry, agriculture, labor, state and local governments, and the Federal Government.