THE IMPACT OF LABOUR MARKET POLICIES TO REDUCE UNEMPLOYMENT - COMPARATIVE STUDY

In recent years, there has been a growing interest in so called active labour market policy as a mean of fighting the persistent unemployment. On the one hand, demand faces the risk of primarily increasing inflation with small effects on employment; on the other hand, supply-side reforms have been difficult to implement or appear to produce only slow results. In this situation, active labour market policy seems to be regarded by many as the solution to the unemployment problem. The purpose of this paper is to make a realistic appraisal and for this, one of the most relevant studies in the field is that of 2002 by Kluve and Schmidt who, through a quantitative analysis of observations from different assessment studies have been able to achieve binomial outcomes to show whether the study has a positive or negative effect on the person who followed the active measure program. The study research focus on analysing the phenomenon of unemployment and labour market from Kluve and Schmidt meta-analysis European study research and as well from the active measures undertaken by the Romanian National Agency for Employment providing a comparative review of the impact of active labour market policies on unemployed.