Book Review: Labor in the Age of Finance: Pensions, Politics, and Corporations from Deindustrialization to Dodd-Frank by Jacoby, Sanford M

Abstract

number of participants who registered as unemployed was deceptively high. Participants were more willing than their counterparts to use public welfare supports while transitioning to the labor force, but the time it took to transition was shorter for participants. One of Jelonek’s more interesting, and less surprising, discoveries is that despite the high student demand for streams which provided signals to employers, follow-up surveys discovered that participants actually found the less tangible competence streams much more useful in their careers. The detailed examination of the theoretical framework and methodological limitations of the CDP make Universities and the Labour Market a valuable tool for building programs designed to help students transition to work after graduating. Her detailed discussion of the sampling techniques used to assess the validity of the CDP should be of particular interest to policy researchers. Jelonek lays the groundwork for a jumping-off point to assess university-based supports for competence development or co-op courses. Understanding that support programs such as CDP are not short-term solutions, and that such programs should aim to develop a broad range of competences, will help those who are developing department-wide employment initiatives.