Article: Labour market policy and unemployment.

In the NIER's assessment, employment will increase in total by 2.4 percent in 2006 and 2007, while the unemployment rate as a proportion of the labour force will drop by 1.5 percentage points. This tendency will be due parry to underlying improvement of the economy and partly to significant expansion in labour market programmes. The analysis in this box is intended to illustrate the short-term effects of labour market policy on employment and unemployment.

The Budget Bill for 2006 includes a package of measures that are intended to cover almost 55 000 persons, providing them with two years of work, trainee positions and education. So-called "Plus Jobs" and ...

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