Public policy to increase the job finding rate include _____ and public policy to decrease the job separation rate include _____.
A) government employment agencies; higher unemployment insurance benefits
B) job training programs; 100 percent experience rated unemployment insurance
C) higher minimum wage laws; payment of unemployment benefits for longer periods
D) higher efficiency wages; partially experience rated unemployment insurance

Question

Quizplus · Accepted Answer

Public policy to increase the job finding rate includes job training programs, which provide the necessary skills for individuals to find employment. Public policy to decrease the job separation rate includes 100 percent experience rated unemployment insurance, which provides an incentive for employers to keep their employees on staff by increasing the cost of laying them off. The other options listed either have no clear relationship with job finding/separation rates or could potentially have unintended consequences that could worsen the job market.

Public Policy to Increase the Job Finding Rate Include _____