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Labor market policies

Date Submitted: 08/29/2004 22:49:40
Category: / Business & Economy
Length: 2 pages (601 words)
Views: 97005

After the 1960's active labor market policies appeared as an important employment policy, specially in industrial countries. This policy includes a big range of measures made to increase the quality of the labor supply through activities such as retraining, raise the demand for labor with direct job creation and related programs, and improve job matching for both workers and employers that want expand job search assistance. The objective of these measures is primarily economic. They …

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…of labor resources and to develop the necessary human capital to maximize the labor contribution to a growth. Labor Market Policies, social protection and anti-poverty measures surpass to a great extent. A Labor Market Policy can provide social protection as well as contribute to reduce poverty, just as an anti-poverty measure may turn out to improve labor market performance. This is the reason why many countries merge Labor Market Policies, social protection and anti-poverty measures.

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