Published online by Cambridge University Press: 28 April 2015
Persistently high levels of unemployment among unskilled workers, as well as college graduates, have focused attention on manpower problems. High levels of unemployment may result from a deficiency of aggregate demand or from structural maladjustments in the manpower market. The latter problems generally emanate from changing technological patterns and shifts in the pattern of economic growth. While there are many socio-economic issues involved, it is generally recognized that problems of structural adjustment can be satisfactorily managed, in time, if a sufficiently high level of aggregate demand is maintained. Therefore, an initial concern in manpower planning is to accurately relate manpower requirements by occupation and level of education to anticipated levels of aggregate demand.
Oklahoma State Agricultural Experiment Station Journal Article No. J-2812.