How to resolve structural unemployment

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  • Created by: Lottie
  • Created on: 21-05-12 13:04

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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