Wednesday, April 14, 2010


IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor----------------------
Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau


International Institute for Labour Studies (IILS) at the ILO


Policy Brief:

Promoting Employment Recovery While Meeting Fiscal Goals

[full-text, 16 pages]



As global growth returns to positive territory in 2010, policy makers are struggling to reconcile the urgent need to support job creation with fiscal constraints. This Policy Brief shows that the benefits from adopting and pursuing fiscal measures in support of jobs are significant. Such measures are crucial for reducing the lag between the incipient economic rebound and job creation. Indeed, a premature exit from such measures would weaken the economic recovery, prolong the jobs crisis and, paradoxically, compromise fiscal goals in the medium term. By 2015, a premature exit would lead to lower employment by 4 per cent and worsen fiscal deficits more than would be the case with a job-centred strategy.


The paper also provides concrete examples of how implementation of job-centred measures along the lines of the Global Jobs Pact can promote employment recovery and achieve medium-term fiscal sustainability.


This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       



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