Four strategies to overcome employment are as follows:
- Education and training
- Reduce the control and power of the trade union
- Employment subsidies
- Improve the “labour market” flexibility
Further Explanation:
There are various strategies for overcoming employment, which is as follows:
- Education and training- The main aim is to give the “long-term unemployed” new skills which help in finding jobs in the industries especially developing industries.
- Reduce the control and power of trade union- If the influence of trade unions will be reduced then it will help in solving the real wages employment.
- Employment subsidies- Firms can be given tax subsidies or breaks for taking on “long-term unemployed”.
- Improve “labour market” flexibility- Increase in ‘labour market’ flexibility can cause an increase in ‘temporary employment’ and ‘greater job insecurity’.
Learn More:
1. Though the outcomes of Schenck and New York times differed, what did these decisions have in common? The government has a heavy burden to prove harm. The government can limit speech that causes harm. The government has unlimited power to limit speech. The government must follow the first amendment.
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2. in the case roe v. wade, the supreme court ruled those state laws
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Answer Details:
Grade: High School
Chapter: Unemployment
Subject: Social Studies
Keywords:
education, training, trade union, employment, industries, subsidies, labour market, job security