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Dissecting Worker Security in a Tripartite Labor Model

A labor market model is designed with three pillars: 1) easy hiring and firing rules for firms, 2) strong unemployment benefits for workers, and 3) government-funded retraining and job-search assistance. From the perspective of a worker within this system, identify the two distinct types of security this model aims to provide and link each type to its corresponding pillar.

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Updated 2025-08-14

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