Download or read book The Labor Market Dynamics of Economic Restructuring written by Ronald Schettkat and published by Praeger. This book was released on 1992-02-28 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study develops a framework for the analysis of labour market dynamics based upon a new dynamic flow analysis instead of the conventional labour stock data. To identify the dynamic elements in the labour market, information on flows is needed. Flow data that have become available in recent years - in this case on the US and Germany - show that an enormous amount of labour market mobility is occurring every month. Schettkat analyzes two of the world's most dynamic economies and labour markets - showing that the unemployed are far from being a fixed bloc but are rather a changing population responding greatly to structural alterations.