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In the 1970s Sweden adopted several new labour market policies affecting layoffs. Three were notable: (1) Plants that provided in-plant training instead of laying of

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In the 1970s Sweden adopted several new labour market policies affecting layoffs. Three were notable: (1) Plants that provided in-plant training instead of laying of workers in a recession received government subsidies. (2) All workers had to be given at least one months notice before being laid off, and the required time in he average plant was two to three months. (3) Laid off workers had to be given first option on new jobs with the former employer. What probable effects would these policies have on unemployment TT T Ariel T. In the 1970s Sweden adopted several new labour market policies affecting layoffs. Three were notable: (1) Plants that provided in-plant training instead of laying of workers in a recession received government subsidies. (2) All workers had to be given at least one months notice before being laid off, and the required time in he average plant was two to three months. (3) Laid off workers had to be given first option on new jobs with the former employer. What probable effects would these policies have on unemployment TT T Ariel T

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