The labor market today, as well as the overall economy is vastly different from what we had five years ago. New situations pose new challenges for executives and workforce development specialists. Among the issues being studied are:
- Why is early retirement not a good instrument to reduce youth unemployment?
- How would an increase in the standard retirement age affect the behavior of employers and workers?
- Why do many firms employ older workers, but few firms hire older workers?
These and many other contemporary issues are covered in a recent book, "The Economics of Imperfect Labor Markets", published 2008 by Princeton University Press (authors: Tito Boeri and Jan van Ours)