Question

Suppose the government wants to reduce this type of unemployment. Which of the following policies would help achieve this goal? Check all that apply. Establishing government-run employment agencies to connect unemployed workers to job vacancies Offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks Extending the number of weeks for which unemployed workers are eligible for unemployment insurance benefits from the government.

Answer 1

Answer:

- Establishing government-run employment agencies to connect unemployed workers to job vacancies.

- Offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks

Explanation:

Establishing government-run employment agencies to connect unemployed workers to job vacancies helps as the government acting as middlemen between enterprises looking to hire workers and unemployed looking for jobs satisfies a need they both have. Offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks might encourage the unemployed to invest more time looking for a new job in order to collect the bonus.

On the other hand, extending the number of weeks for which unemployed workers are eligible for unemployment insurance benefits from the government might discourage many recipients of these benefits from actively searching for a new job, as they can consider the unemployment benefits might be a better alternative.