Reducing wage cost by recruitment subsidy

Edwin Whiting
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Edwin Whiting: Manchester Business School

Chapter 20 in A Guide to Unemployment Reduction Measures, 1987, pp 213-223 from Palgrave Macmillan

Abstract: Abstract It often seems crazy, when there is plenty of work to do, that the Government is losing £5000 a year for each person unemployed. This is a very rough average and the loss to the Government is much more for people who could earn high incomes if employed than for people with poor earning capacity and low security benefits. In both cases, though, the Government is losing taxes and paying benefits which, because of unemployment, are wasted.

Keywords: Subsidy Scheme; Pilot Scheme; Employment Cost; Employment Subsidy; Government Money (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-08621-4_20

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DOI: 10.1007/978-1-349-08621-4_20

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