Layard, Richard (2004) Good jobs and bad jobs. Centre for Economic Performance occasional papers, CEPOP19 . Centre for Economic Performance, London School of Economics and Political Science, London, UK.
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1. Human happiness is more affected by whether or not one has a job than by what kind of job it is. 2. Thus, when jobs are to hand, we should insist that unemployed people take them. This involves a much more pro-active placement service and clearer conditionality than applies in many countries. 3. But we should also guarantee unemployed people work within a year of becoming unemployed. In this way we put a reciprocal obligation on the state (to produce work) and on the individual (to take it). Such a guarantee requires a well- judged mix of subsidies, supported work, and training. 4. Where there is low pay, the correct response is in-work benefits, together with a longterm strategy to reduce low skill.
|Item Type:||Monograph (Discussion Paper)|
|Additional Information:||© 2004 The author|
|Library of Congress subject classification:||H Social Sciences > HB Economic Theory
H Social Sciences > HD Industries. Land use. Labor
|Sets:||Collections > Economists Online
Research centres and groups > Centre for Economic Performance (CEP)
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