How to resolve structural unemployment
- Created by: Lottie
- Created on: 21-05-12 13:04
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REGIONAL POLICY INCENTIVES
- grants & subsidies to firms to locate in areas of high unemployment
- does not solve the problem of occupational immobility
- often regional policy requires extra retraining schemes to give works the relevant skills to allow them to take up new jobs
INVESTMENT IN WORKER TRAINING
- spending on traineing schemes to re skill the unemployed through…
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