Job guarantee
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A job guarantee (JG) is an economic policy proposal aimed at providing a sustainable solution to the dual problems of inflation and unemployment. Its aim is to create full employment and price stability by having the state promise to hire unemployed workers as an employer of last resort (ELR).
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See also
- Centre of Full Employment and Equity
- Chartalism
- Full Employment Abandoned
- Guaranteed minimum income
- Involuntary unemployment
- Modern Monetary Theory
- National Rural Employment Guarantee Act
- Natural rate of unemployment
- Non-accelerating inflation buffer employment ratio
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