Labor Market Policy and Regulation

Labor Market Policy and Regulation refers to the rules and strategies that governments or organizations put in place to ensure fair and efficient job markets. This includes laws about minimum wages, working conditions, job training programs, and support for unemployed workers. The goal is to create a balanced environment where businesses can thrive while protecting workers' rights and ensuring everyone has access to employment opportunities. Effective labor market policies promote economic growth, reduce inequality, and help people gain the skills needed for today’s jobs.