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Job Security in America: Lessons from Germany - Softcover

 
9780815700753: Job Security in America: Lessons from Germany

Synopsis

American employers rely heavily on layoffs to reduce the size of their work force during downturns. While layoffs are unavoidable in any competitive economy, they are far more common in the United States than in other industrialized countries. But can US workers be offered more secure employment without burdening the companies that employ them?. Katharine Abraham and Susan Houseman address this question by comparing labor adjustment practices in the US where existing policies arguably encourage layoffs, with those in Germany, a country with much stronger job protection for workers. Based on statistical analysis of the two countries' manufacturing sectors, they conclude that German policies generally have been successful in providing workers with more stable employment without inhibiting labour adjustment. In their assessment of the German experience, Abraham and Houseman emphasize the interaction of various labour market policies. Stronger job security in Germany has been accompanied by an unemployment insurance system that facilitates short-term work as a substitute for layoffs. In the US the unemployment insurance system has encouraged layoffs while discouraging the use of work-sharing schemes. The authors recommend reforms of the US unemployment insurance system that include stronger experience rating and an expansion of short-term compensation programs. They also point to the critical link between job security and the system of worker training in Germany, and advocate policies that would encourage more training by US companies.

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The focus of our book is the examination of how labor market institutions affect the way in which companies adjust labor to changing demand conditions.

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9780815700760: Job Security in America: Lessons from Germany

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ISBN 10:  0815700768 ISBN 13:  9780815700760
Publisher: Brookings Institution, 1993
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Abraham, Katharine G.
Published by Brookings Inst Pr, 1993
ISBN 10: 081570075X ISBN 13: 9780815700753
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Condition: as new. Washington, DC.:Brookings Institution Press, 1992. Paperback. 175 pp. - American employers rely heavily on layoffs to reduce the size of their work force during downturns. While layoffs are unavoidable in any competitive economy, they are far more common in the United States than in other industrialized countries. But can US workers be offered more secure employment without burdening the companies that employ them? Katharine Abraham and Susan Houseman address this question by comparing labor adjustment practices in the US where existing policies arguably encourage layoffs, with those in Germany, a country with much stronger job protection for workers. Based on statistical analysis of the two countries' manufacturing sectors, they conclude that German policies generally have been successful in providing workers with more stable employment without inhibiting labour adjustment. In their assessment of the German experience, Abraham and Houseman emphasize the interaction of various labour market policies. Stronger job security in Germany has been accompanied by an unemployment insurance system that facilitates short-term work as a substitute for layoffs. In the US the unemployment insurance system has encouraged layoffs while discouraging the use of work-sharing schemes. The authors recommend reforms of the US unemployment insurance system that include stronger experience rating and an expansion of short-term compensation programs. They also point to the critical link between job security and the system of worker training in Germany, and advocate policies that would encourage more training by US companies. Condition : as new copy. ISBN 9780815700753. Keywords : ECONOMICS, Seller Inventory # 290666

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Published by Brookings Institution, 1993
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Published by The Brookings Institution, 1993
ISBN 10: 081570075X ISBN 13: 9780815700753
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Susan N. Houseman; Katherine G. Abraham
ISBN 10: 081570075X ISBN 13: 9780815700753
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Soft cover. Condition: Very Good. No Jacket. 6"x9"; 175 pages; The binding and pages are clean, tight and square. There is no underlining, highlighting or margin notes. A used copy with normal reading wear. If you order multiple titles, I will combine them in order to reduce postage costs. If you have any questions, contact me before ordering for details. Seller Inventory # 000934

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Abraham, Katharine G
Published by Brookings Institution Press, 1993
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