00:01
In this chapter, while discussing unemployment, we've also been looking at unemployment insurance, which basically is funding workers who get let go without being at fault.
01:07
And a main feature of this unemployment insurance is that it's paid for by firms.
01:17
So this is a great way to help those who are unemployed, administratively and by the private sector of businesses.
01:36
Let's consider other ways that either the government or firms, or and or firms, can do to make it easier for those who are let go and unemployed.
02:06
So some current obstacles that would make life easier, and especially those who are unemployed, it's to be able to start a new business without all the red tape.
02:39
So basically with less obstacles.
02:49
And this is, of course, administratively, of course it is no easy feat to open a business, but all this red tape and legislation makes it very difficult for the lower class to start business...