The main thesis of this paper is that measured unemployment bears a different relationship to real excess labor supply in the 1970s than it did in the 1960s. This thesis is used to explain the increase in measured unemployment in the Netherlands, Sweden, the United Kingdom, and the United States. (Author/EB)

In this paper, unemployment trends in aggregate, by faculty and by subject are examined, using data from the annual First Destination Return, first compiled for the 1961-62 university graduates, and the 1970 and 1980 graduate cohort surveys. Differences related to gender and type of institution of study are identified. (Author/MLW)