America spends only 0.17% of GDP on active labour-market policies, such as training and job search, far less than the OECD average.

美国用于激活劳动力市场政策的支出，譬如培训和就业指导等的支出，仅占gdp的0.17%，远低于经合组织的平均水准。

youdao

That need not mean more spending (though America does spend a lot less than other rich countries on such "active" labour-market policies).

但这绝不意味着更多的开销(尽管美国的确比其他富裕国家在这种“活跃”的劳动力市场政策上开销得少)。

youdao

America's present Labour market policies cannot deal with this.

美国现行的人力资源政策无法解决这一问题。

youdao

But it is also clear that labour-market policies themselves can make a huge difference.

ECONOMIST: Unemployment in the West

In Sweden active labour-market policies became an excuse for not dismantling other rigidities in the labour market.

ECONOMIST: Europe hits a brick wall

Active labour-market policies are a way to minimise the moral hazard that goes hand-in-hand with comprehensive insurance.

ECONOMIST: The crunch may entrench unemployment