Employers of last resort (ELR) are employers in an economy to whom workers go for jobs when no other jobs are available; the term is by analogy with "lender of last resort". The phrase is used in two senses: undesirable jobs, often private sector, which are only taken as a last resort; a formal government job guarantee program, where the government promises to act as employer of last resort, employing all comers.
Employers of last resort (ELR) are employers in an economy to whom workers go for jobs when no other jobs are available; the term is by analogy with "lender of last resort". The phrase is used in two senses: undesirable jobs, often private sector, which are only taken as a last resort; a formal government job guarantee program, where the government promises to act as employer of last resort, employing all comers.
Source: Wikipedia "Employer of last resort" · CC BY-SA 4.0
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