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.
- 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:
<u>Establishing government-run employment agencies to connect unemployed workers to job vacancies</u> helps as the government acting as middlemen between enterprises looking to hire workers and unemployed looking for jobs satisfies a need they both have. <u>Offering recipients of unemployment insurance benefits a cash bonus if they find a new job</u> 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, <u>extending the number of weeks for which unemployed workers are eligible for unemployment insurance benefits from the government</u> 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.
