Out-of-work people in Austria will be guaranteed paid jobs as part of a new trial policy that could transform how countries deal with unemployment.The pilot study, which will eliminate long-term unemployment in the town of Marienthal practically overnight, has been designed by Oxford University economists at the behest of the Lower Austria’s department of work.It will see all long-term unemployed people in the town, an estimated 150 individuals, given work in fields such as childcare, gardening or home renovations, and paid a full wage....Pilot study in one town.Independent (UK)Unconditional job guarantee to be trialled in Austria, in world firstJon Stone
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model
Mike Norman writes The Accursed Tariffs — NeilW
Mike Norman writes IRS has agreed to share migrants’ tax information with ICE
Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius
Out-of-work people in Austria will be guaranteed paid jobs as part of a new trial policy that could transform how countries deal with unemployment.Pilot study in one town.The pilot study, which will eliminate long-term unemployment in the town of Marienthal practically overnight, has been designed by Oxford University economists at the behest of the Lower Austria’s department of work.
It will see all long-term unemployed people in the town, an estimated 150 individuals, given work in fields such as childcare, gardening or home renovations, and paid a full wage....