On the subject of unemployment which eveeryone is talking about at the moment,there is a paper out by David Bell and David Blanchflower(Ht-Mumbling and Stumbling) which considers some questions on the policy surrounding how to tackle it.
They make a number of proposals to contain the growing figures and conclude that unemployment will continue to rise about 100,000 per month for most of 2009 and will not peak until next year.
Amongst their solutions
1.that the government understakes a massive fiscal stimulus aiming at job creation as soon as possible
2.to provide large tax cuts aimed at helping the low paid get back into work
3.to increase the school leaving age to 18 immediatly
4.to provide futrher encouragment for the 18-24 to stay in further education
5.to exapand on capital projects to create what it calls direct jobs
6.to provide incentives for short time working and jobs haring
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