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manpower policy (J2)<br />Various measures to train the LABOUR FORCE, increase LABOUR FORCE PARTICIPATION RATES, improve the allocation of the existing labour force and bring about a close match between labour demand and supply in the future. The first step in the operation of this policy is to prepare a manpower forecast, often by applying fixed labour-output coefficients to output forecasts. From these forecasts it is possible to see which instruments of manpower policy should be chosen, e.g. training measures to eliminate an expected shortage of skilled workers. Although many countries had active manpower policies during the Second World War as the demands of the armed forces for personnel created labour shortages elsewhere in most economies, it was not until the 1950s and 1960s that the UK and the USA pursued active policies.<br /><em>See also:</em> labour market policy
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<strong>Higher Education Reconciliation Act (HERA) of 2005</strong> – The portion of the Deficit Reduction Act of 2005 specifically addressing student financial aid provisions, including student loan interest rates and fees, consolidation rules, school as lender, and other policies and procedures.
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