Active labour market policy
Active Labour Market Policies (ALMPs) describe measures to help individuals enter the labour market or to prevent already employed individuals from losing their jobs. ALMPs include various measures, from training to job search assistance, subsidies, supported employment opportunities and programmes to support entrepreneurial activities.
Historically, labour market policies evolved to address ‘market failures’ as well as socially and politically unacceptable outcomes of the labour market. There is tremendous national, political and historical variation in what is perceived as a problematic situation in the labour market that requires public intervention.
European centre for social welfare policy and research. Active Labour Market Policy (ALMP). Retrieved from https://www.euro.centre.org/domains/active-labour-market-policy
T. Bredgaard (2015) Evaluating what works for whom in active labour market policies. Retrieved from http://surl.li/pzmnw