Unemployment Flashcards

1
Q

Policies to limit unemployment

• Tax credit

A

The working family tax-credit was intended to ensure that people returning to work would not suffer a loss of income

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2
Q

Policies to limit unemployment

• Limit benefits

A

The Coalition continued and expanded Labour policies that allow the removal of benefits from those unemployed who are deemed not to be actively seeking work, and this has been continued by the Conservative post 2015

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3
Q

Policies to limit unemployment

• Childcare provision

A

Multiple governments have sought to expand Childcare provision to encourage parents of young children into work

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4
Q

Reason to limit unemployment

• Measure of success

A

Unemployment is seen as a key measure of the success of governments’ economic policies, and high unemployment figures limit their chance of being re elected

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5
Q

Reason to limit unemployment

• Drag on economy

A

Unemployment acts as a drag on the economy due to the cost of benefits and re-training

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6
Q

Reason to limit unemployment

• Labour force

A

Unemployment means that a potentially useful labour force is being underutilized, limiting the potential for growth

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7
Q

Reason to limit unemployment

• Social problems

A

Unemployment is associated with a range of other social problems including health, housing and crime issues.

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