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Mr. Soldatovic stressed that however drastic the government's measures, those who have been laid off have been offered one of three options: to take a severance package, to sign on with the unemployment agency, or to join a retraining scheme for four years on a little less than half pay.
It's many times the cost of providing universal pre-K, for example, or introducing a comprehensive retraining scheme for the long-term unemployed.
The education ministry has now purged the state curriculum of much offensive material, and is set to embark on a massive, American-modelled retraining scheme for schoolteachers.
There were some other interesting pockets It also plans to put in £30 million towards "digital courses using AI" as part of a larger retraining scheme for the UK workforce.
The retraining scheme has been so effective at teaching service-industry skills that Lego had to discourage the Billund airport and the owners of a new water park called Lalandia Billund from poaching the trainees before it was ready to really lay them off.
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Other examples include the provision of retraining schemes or urban regeneration programs.
A big share was attributable to an increase in state-financed job-creation and retraining schemes, largely in the east.
Young adults are often the first to face job losses in times of crisis due to their lower seniority and the job protection afforded to older workers, while at the same time they are often excluded from specific youth labor market programs or retraining schemes, making a return to employment for this age group particularly protracted.
The tasks of freeing up labour markets (in Europe), reforming health care (in America) and improving education (everywhere) are far more important than any amount of experimentation with wage insurance or retraining schemes.
And Mr Kim's plans to create jobs through public works and to launch ambitious retraining schemes have yet to be fully implemented; they are held up by a shortage of money.
The tough love of Danish "flexicurity" has won special praise in recent years, thanks to its apparent success at protecting workers (with things like welfare payments and government retraining schemes), rather than the jobs they currently hold (it is rather easy to hire and fire Danes).Three years on, at least one country from each of Professor Sapir's four groups is in serious trouble.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com