Suppose That, in an Attempt to Reduce Unemployment Among Unskilled

question 178

Essay

Suppose that, in an attempt to reduce unemployment among unskilled workers and in particular young workers, the government introduces a "training" wage that is below the minimum wage and that can be used to hire new, unskilled workers. This wage would be paid for a period of up to six months, at which time the wage would have to be increased to at least the minimum level. Explain how this would reduce unemployment. Do you think unskilled workers would favor such a policy?

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Definitions:

Health Psychology

A field of psychology that focuses on how biological, psychological, and social factors affect health and illness.

Psychological Methods

Encompasses the techniques and strategies used in psychology to study the mind and behavior, including experiments, observations, and assessments.

Cognitive-behavioural Techniques

Strategies used in cognitive-behavioural therapy to identify and change negative thought patterns and behaviors to improve mental health and well-being.

Neurotic Behaviour

Patterns of thinking, feeling, or behavior that are generally considered to be out of the norm and exhibit signs of anxiety or depression.