Good Jobs and Bad Jobs
Richard Layard
CEP Occasional Papers from Centre for Economic Performance, LSE
Abstract:
1. Human happiness is more affected by whether or not one has a job than by what kind of job it is. 2. Thus, when jobs are to hand, we should insist that unemployed people take them. This involves a much more pro-active placement service and clearer conditionality than applies in many countries. 3. But we should also guarantee unemployed people work within a year of becoming unemployed. In this way we put a reciprocal obligation on the state (to produce work) and on the individual (to take it). Such a guarantee requires a well- judged mix of subsidies, supported work, and training. 4. Where there is low pay, the correct response is in-work benefits, together with a longterm strategy to reduce low skill.
Date: 2004-04
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Persistent link: https://EconPapers.repec.org/RePEc:cep:cepops:19
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