Labour Market Policy

Labour market policy refers to the strategies and regulations that governments use to influence the job market and employment conditions. This includes measures to promote job creation, enhance workforce skills, ensure fair wages, and protect workers' rights. Policies might involve training programs, unemployment benefits, minimum wage laws, and regulations for working conditions. The goal is to foster a healthy economy where people can find suitable work and where businesses can thrive, ultimately leading to reduced unemployment and improved living standards for the population.