Europe's approach to labor markets has generally been to protect low-skilled workers by keeping their wages relatively high and penalizing firms for laying them off.

Question

Quizplus · Accepted Answer

Europe's labor market policies often focus on protecting workers, including low-skilled ones, by maintaining relatively high minimum wages and imposing strict regulations on firms regarding layoffs, aiming to provide job security and a decent standard of living.

Europe's Approach to Labor Markets Has Generally Been to Protect