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union driven minimum wage and socialist welfare systems(passive) created bychronic institutional unemployment
Government policies , such as high minimum wage floors , generous social benefits programs , and restrictive occupational licensing laws ; labor market phenomena , such as efficiency wages and discriminatory hiring ; and labor market institutions , such as high rates of unionizationcan all contributeto institutional unemployment
obstacles to the mobility of labour(passive) is caused byInstitutional unemployment
If one introduces a law that e.g. introduces minimum wages above the level that can be supported by the market , one simply ends upcreatinginstitutional unemployment
the factorsleadingto institutional unemployment
Mon , Feb 15 2010 6:57 PM Government interventioncreatesinstitutional unemployment
The intrusive violation into our own business affairs by the encroachment of government restriction on the free marketcausessystemic unemployment
the initiation of physical force to push wage rates above the free - market level(passive) is caused byInstitutional unemployment
mergers and acquisitionscreatingsystemic unemployment
to hopelessness and makes people engage in crime and/ or become vulnerable to recruitment by terrorist groupsleadsto hopelessness and makes people engage in crime and/ or become vulnerable to recruitment by terrorist groups
any President from actually having any impact on our current employment situationpreventsany President from actually having any impact on our current employment situation
to civil discontent and local or regional instability , which provides opportunities for political imbalances , uprisings — or worse — extremist groups to fill the voidcan leadto civil discontent and local or regional instability , which provides opportunities for political imbalances , uprisings — or worse — extremist groups to fill the void
the inequalities(passive) created bythe inequalities
jobs for people Strength Through Joy o Savings program for a family carCreatingjobs for people Strength Through Joy o Savings program for a family car
from the sorts of labor market regulation common in Europeresultingfrom the sorts of labor market regulation common in Europe
from the existence of a deficient aggregate demand which is not enough to support full unemploymentresultsfrom the existence of a deficient aggregate demand which is not enough to support full unemployment
an slump to collect the three associationsWould ... preventan slump to collect the three associations
his actionsprovokedhis actions
poverty and crime Affluent city dwellers moved to cleaner , less - crowded suburbs Suburbs had advantages of space and privacy More space , better economic conditions , cheaper real estate , less crime , and better schools But natural space decreased with increasing suburbs People had to drive everywhere , increasing traffic congestioncausedpoverty and crime Affluent city dwellers moved to cleaner , less - crowded suburbs Suburbs had advantages of space and privacy More space , better economic conditions , cheaper real estate , less crime , and better schools But natural space decreased with increasing suburbs People had to drive everywhere , increasing traffic congestion