ABSTRACT
A major consequence of the decline of Keynesian economic policy and its replacement by neoliberalism from the late 1970s onwards was to change the institutional and policy location of the search for high levels of employment. Keynesianism had made this a central economic policy responsibility of government, with the implication that measures that secured the jobs of individual employees had no negative consequences for those who did not have jobs; government would take measures to expand employment to soak up the unmet demand for employment. Workers' search for secure employment was not seen as a zero-sum game, although it needs to be remembered that full employment was implicitly defined in terms of men's jobs only.
