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Explaining the framework
Summary 10 What the author might
Counting the costs
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16 year-olds 25 per cent allowance assumed average basic state pension benefits saved contributions cost per person courses deadweight DHSS early retirement economic EFFECT ON EMPLOYMENT EFFECT ON PRODUCTIVITY employed employees employment cost Employment Gazette ex-unemployed Exchequer gains extra cost Financial full-time full-time equivalent Government grants high unemployment higher House of Commons Ibid income tax increase industries Jobcentres less LONG-TERM ASPECTS long-term unemployed longer holidays macroeconomic married measures ment million normal OECD older organisations overtime paid part-time employment part-time jobs pension schemes POLITICAL IMPLICATIONS probably PROBLEMS OF IMPLEMENTATION PTJRS public sector raising the school reduce unemployment redundancy References to Chapter Regional replacement retirement age school leaving age short-term shorter hours shorter working week small businesses staff subsidy supplementary benefit Sweden unem unemployment benefit unemployment reduction vacancies wages or salary West Germany women Youth Training Scheme