Labour Market Policies

Labour market policies are strategies implemented by governments to influence employment levels and job conditions. They include initiatives like job training programs, unemployment benefits, and regulations on wages and working hours. These policies aim to improve job security, reduce unemployment, and ensure fair working conditions. By addressing skills gaps and supporting workers during transitions, they help create a more efficient and equitable job market, ultimately fostering economic growth and social stability. Properly designed labour market policies can lead to better employment opportunities for individuals and a more productive economy overall.