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[IWS] Eurostat: LABOUR MARKET POLICY EXPENDITURE AND THE STRUCTURE OF UNEMPLOYMENT--Issue number 31/2013 [19 December 2013]
IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
LABOUR MARKET POLICY EXPENDITURE AND THE STRUCTURE OF UNEMPLOYMENT--Issue number 31/2013 [19 December 2013]
This article analyses recent statistics on labour market policy expenditure in the European Union (EU). Labour market policy (LMP) interventions cover the range of financial and practical supports offered by governments to people who are unemployed or otherwise disadvantaged in the labour market. The economic and financial crisis resulted in a significant increase in the number of people who are unemployed and therefore eligible for assistance from LMP interventions. As a result, expenditure on LMP rose. Although the number of unemployed has yet to decrease, expenditure on LMP has fallen, but the change varies between different types of LMP intervention.
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
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