In the 1990s the Netherlands reduced its unemployment rate by

Question

Quizplus · Accepted Answer

The Netherlands reduced its unemployment rate in the 1990s through the use of active labor market expenditures and coordination. This involved policies and programs aimed at retraining and upskilling unemployed individuals, promoting job search and matching, and supporting entrepreneurship. While reducing union density and coverage, cutting payroll taxes, and reducing the unemployment insurance replacement rate may have also played a role in the reduction of unemployment, the primary driver of the change was the focus on promoting employment through active labor market policies.

In the 1990s the Netherlands Reduced Its Unemployment Rate by