Microeconomic evaluations of Australian labour market programs

Abstract

Labour market programs are specifically designed to affect the demand for or supply of labour in one or several labour markets, usually by a grant or subsidy to the worker, the firm, or the job broker. Their primary objective is to improve the two main sets of factors that contribute to an individual's chances of being unemployed: their permanent characteristics, such as lack of suitable education, training, knowledge of the industry and work skills; and their transitory characteristics, such as lack of work culture and poor morale which have directly resulted from the person's unemployed state. This century, labour market programs have become the financial province of governments, but previ..