Employment as a factor increasing the population well-being in a social market economy

Abstract

The paper infers competiveness of a national economy in connection with the country’s capacity to provide sufficient and sustainable employment. The author argues the importance of reverse link that goes from sustainable employment and well-being in a country to competiveness of national economy. It is concluded that active social policy is important tool in providing impulses to competitiveness of economy,Competitiveness, employment, life quality, social policy, profits, welfare., Labor and Human Capital, H30, I38,