Should the government subsidize self-employment programs in order to increase reemployment?

Over the past years, permanent unemployment has begun to become a more severe issue in the U.S. as well as in Western Europe, making current unemployment compensation systems less effective, since they often do not provide the laid-offs with a proper support system to re-enter the workforce. This paper discusses findings on how effective Entrepreneurial education programs, targeting the unemployed are in pursuing the goal of reemployment and economic stability. The results reveal that the analyzed programs do not significantly contribute to this aim, in terms of indicators such as start-up rates, success rates, employment rates or income. Thus entrepreneurial education aiming to increase reemployment can only be considered a viable policy tool, if efficient readjustment will be undertaken