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The New Deal

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The New Deal. John Van Reenen of the Institute for Fiscal Studies presents an evaluation of the New Deal - the UK's active labour market scheme. He finds that young men are now about 20% more likely to get jobs as a result of the policy. This is mostly dues to wage subsidies but a fifth of the effect is due to enhanced job search.

 

By Institute for Fiscal Studies, UK.

Employment Policy Resource.