Question

Which of the following is a way to reduce unemployment? A. Higher taxes
B. Lower inflation
C. Reduced government spending D. Training programs

Answer 1

One of the ways to reduce unemployment is to support job training programs (D).

This would help workers and employers find a job match more quickly. Job training and placement can help mitigate Frictional and Structional unemployment.

Answer 2

Training programs is a way to reduce unemployment.  Option D is correct.

Education and training are fundamental to help reduce structural unemployment. Training is at its most valuable when you have a growing economy and you have labor shortages.

The US unemployment rate fell to 3.6 percent in April 2019 from 3.8 percent in the previous month.  It was the lowest jobless rate since December 1969.