F. Labour Market and Employment Policies

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The competent institutions play a key role in the functioning of an efficient labour market and in achieving optimal labour participation and maximizing the socio-economic potential of the labour force. The competent institutions take initiatives that have a positive effect on labour demand and supply. To do so, they promote policies and approaches that reduce barriers, allowing the signals sent by the labour market to be integrated into the decision-making of all stakeholders.

E. Benefits

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The competent institutions ensure that jobseekers receive a replacement income. This provides security during transition between jobs and facilitates reintegration into the workforce. At a macro level, financial support acts as a counter-cyclical instrument in maintaining stability and demand during economic downturn.

The specific guidelines in this section are: