Following a rapid surge in the global demand for cybersecurity services, a government wishes to increase the elasticity of supply of labour to the domestic cybersecurity market in the short-to-medium term. Which of the following policy measures is most directly aimed at reducing occupational immobility to achieve this objective?
Providing regional relocation subsidies and housing grants to workers moving to major technology hubs.
Implementing modular, fast-track conversion courses that certify transferable skills from other quantitative disciplines.
Increasing the statutory national minimum wage for all entry-level support and administrative roles across the economy.
Reducing the standard rate of employee National Insurance contributions across all income brackets.
