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Active labour market policies are based on the concept of social investment, which rests on the idea of basing decision-making on the welfare of society in quantifiable terms, by increasing the employability, incomes and productivity of economic agents, so this approach interprets state expenditure not as consumption but as an investment that will produce returns on the welfare of individuals.
Top minds in global business at the World Economic Forum take a shot at estimating the impact to the labor market from the proliferation of AI.
And the reason why is because to make this AI work and to get the value from the AI and to deliver the agentic layer, to make it truly successful, to get the accuracy to lower the hallucinogenic ...
And now the AI revolution is taking the next logical step -- in 2025, digital labor often refers to automated AI agents that can set their own tasks and plan out complex data management activities ...
Flexicurity is designed and implemented across four policy components: 1) flexible and reliable contractual arrangements; 2) comprehensive lifelong learning strategies; 3) effective active labour market policies; and 4) modern social security systems providing adequate income support during employment transitions.
Economic activity rate, EAR (or labor force participation rate, LFPR), is the percentage of the population, both employed and unemployed, [1] that constitutes the workforce, regardless of whether they are currently employed or job searching.
The U.S. labor force grew by an average of 276,000 people per month through the first 10 months of 2023, well over the average of 131,000 workers in the three years before the pandemic.
The simplest definition of socially necessary labour time is the amount of labour time performed by a worker of average skill and productivity, working with tools of the average productive potential, to produce a given commodity. This is an "average unit labour-cost", measured in working hours.
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