Employment Aid

Employment Aid refers to financial support provided by governments to promote job creation and employment stability, particularly in areas with high unemployment or to assist specific groups such as youth or the long-term unemployed. Under State Aid Law, such assistance is carefully regulated to ensure it does not distort competition within the market. This means that while helping businesses hire more people or retain jobs, the aid must be designed to meet specific criteria and cannot unfairly disadvantage other companies. The goal is to balance economic growth with fair competition.