Increasing Labour Market Flexibility and Information

Readers Question: Assess the effectiveness of government policies to increase labour market flexibility in the UK.

It is difficult for the government to effectively increase labour market flexibility. However, this essay offers a few policies and evaluation of how successful they have been 

Policies Include:

1. Subsidised childcare provision – increase incentive for women to work.
2. Increased spending on education and training
3. Reducing power of trades unions and minimum wages
4. Making it easier to hire and fire workers.
5. New Deal

It is argued that the UK labour market has become more flexible than European counterparts such as France, Germany and Spain. Economists argue that this increased labour market flexibility is a reason why UK unemployment is lower and that the government can make a difference