labor market reforms

Labor market reforms are changes made to improve the job market's efficiency and fairness. These reforms can include adjusting laws about hiring, firing, wages, and working conditions. The goal is to create a more flexible environment where businesses can grow and hire more workers while ensuring fair treatment and protections for employees. By balancing the needs of employers and workers, labor market reforms aim to reduce unemployment, increase productivity, and enhance overall economic growth. Effective reforms can help people find jobs more easily and create a more dynamic economy.