Suggests that governments, employers, and trade unions develop structural employment policies that, in conjunction with appropriate macro-economic policies, might lead to a more acceptable labor market outlook for the years ahead. Flexibility of the labor market, dimensions of change, and changing industrial structures are addressed. (JN)

Discusses policies which, combined with sound macro-economic policies, can contribute to reducing structural and cyclical unemployment without compounding inflation. Topic areas considered include: structural employment policies; temporary measures to promote employment during recovery; restructuring of working time; and role of collective…