Friday, December 20, 2013
Tweet[IWS] Eurostat: LABOUR MARKET POLICY EXPENDITURE AND THE STRUCTURE OF UNEMPLOYMENT--Issue number 31/2013 [19 December 2013]
IWS Documented News Service
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Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
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European Commission
Eurostat
LABOUR MARKET POLICY EXPENDITURE AND THE STRUCTURE OF UNEMPLOYMENT--Issue number 31/2013 [19 December 2013]
or
http://epp.eurostat.ec.europa.eu/statistics_explained/index.php/Labour_market_policy_expenditure
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.
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