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Arbeitsmarktpolitik

labour market policy

noun AR-bytes-markt-po-li-tik Rare

Usage Note

Arbeitsmarktpolitik covers government measures on employment, job creation, retraining, and unemployment benefits; the Hartz reforms (2003–2005) were a major restructuring of German Arbeitsmarktpolitik.

Examples

"Die Arbeitsmarktpolitik setzt auf Weiterbildung als Reaktion auf den Strukturwandel."

Natural Translation

Labour market policy relies on retraining in response to structural change.

Literal Translation

The labour market policy sets on further training as reaction to the structural change.

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