One motivation for having publicly subsidized retraining programs for workers is to

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Publicly subsidized retraining programs for workers can help reduce structural unemployment by providing workers with the skills needed for new job opportunities in growing industries. These programs target individuals who may have previously been employed in industries that are declining or facing technological advances that render their job skills obsolete. By equipping workers with new skills, they can transition to new industries and help reduce the overall level of structural unemployment in the economy.

One Motivation for Having Publicly Subsidized Retraining Programs for Workers