Economic Inactivity

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    Economic Inactivity

    • Most forms of economic inactivity are not labour market failure
      • g. people looking after family and home have chosen to do so and are providing a key service, and a rise in the number of full-time students will likely help the economy in the long run
    • Discouraged workers and people classified as long-term sick or disabled, but are still capable to do some work, represent a waste of resources and a burden to tax payers
      • Getting these people into the labour force would increase aggregate supply, and increase their income.

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