Each job offered under a federal employment assurance would be at a wage rate above the poverty threshold, and would include benefits like health insurance. A public sector job guarantee would establish a quality of work and the level of compensation offered for all jobs. The program would be great for the country: It could meet a wide range of the nation’s physical and human infrastructure needs,...See More
Assoc Prof of Econ & Policy; Dir of PhD Program in Policy at The New School; interests include
The federal job guarantee would set an implicit floor on wages, healthcare provisions, and any number of working conditions that employers would have to contend with if they want to attract workers. It would dramatically reduce the need for a minimum wage. And it would empower workers by removing the threat of unemployment, which leaves the working class with little to no bargaining power.
lefty lawyer. @NewEconomyNYC by day. @thepublicmoney by night. formerly @CFPB, @KamalaHarris.
Aside from the economic benefits, we deserve to participate in society as both producers and consumers. Participation is a premise for both collective enterprise and the self-determination Americans cherish. Even the best education and training programs cannot assure full employment. We need to change the economy, not people.
Professor of Economics at U. Missouri–Kansas City, Senior Scholar at Levy Economics Institute
Estimated spending will be 1–2 percent of GDP, with economic, social and political benefits several times larger. Net program costs will be much lower, since spending on unemployment compensation and other relief will be reduced—this program will pay people for working, rather than paying them not to work. The promise of increased national productivity and shared prosperity should far outweigh an...See More
When all the...factors are considered, it is hard not to conclude that a jobs program capable of providing work for everyone who needs it would not cost us money, it would save us money... Making sure that all...have jobs they can live on is not only the humane and just thing to do, it’s just plain smart. ExisMng policies are not cheaper, they are more expensive. Funding a massive job‐cre...See More
The Job Guarantee does not solve all problems. It does not solve the problems of the handicapped. But it does give major relief in a major problem area without, I believe, having adverse effects in other major problem areas such as those involving the handicapped.
Pavlina R Tcherneva
Economist, Speaker, Author, Professor, Bard College. Research Scholar, Levy Economics Institut
The job guarantee is a proposal that provides greater macroeconomic stability and secures a fundamental human right. The job guarantee would run through the social enterprise sector, which includes traditional nonprofit organizations and emerging nonprofit social entrepreneurial ventures.
The first major intervention should be the announcement by the Federal government of a Job Guarantee, which would unconditionally provide a minimum wage job to anybody who could not find work elsewhere.
It’s disappointing to see debates between proponents of the Basic Income Guarantee (BIG) and the Job Guarantee (JG). [...] We need to move beyond our current disjointed welfare system to one that will help Americans, and either policy (or both!) seems like a step in the right direction.
The JG policy is a bold and effective alternative. It is a proven policy that mobilizes the most valuable resource of any economy: labor. By providing a framework within which productive activity replaces forced idleness, Greek workers would earn a minimum wage while creating the very goods and services that benefit their communities, across Greece.
Michael J Murray
Writer, EVP John Templeton Foundation, former Professor at Franklin and Marshall College
In addition to creating jobs, income, and demand, and developing skills and offering opportunities for training and education, the JG also supports the provision of public service. Suddenly there is no labor supply constraints for providing services often in short supplyand for addressing unmet social and community needs.
Journalist writing about the economy. Contributor @nytopinion, @NewRepublic, @thenation. Fanta
Americans overwhelmingly want to work: Most people say they get a sense of identity from their job and would keep working even if they won the lottery. Joblessness is even associated with poorer mental and physical health for entire families—not working appears to make us sick. [...] A jobs guarantee would effectively prevent private employers from pitting workers against each other. If the govern...See More
Award-winning freelance journalist. Editor-in-chief of @Renegade_Inc. Founder of @_Hello_Human
A job guarantee program would connect income with things people - and communities - need and allow them to be part of the social contract, to participate in transforming their communities and their livelihood.
Economics and business correspondent for @TheWeek. Film and TV critic for @BYT. Personal accou
In defiance of this economic regime, the job guarantee asserts that, if individuals bear a moral duty to work, then society and employers bear a reciprocal moral duty to provide good, dignified work for all. It would finally make real the ideal, stated in Franklin Roosevelt’s “Economic Bill of Rights,” that every American possesses a “right to a useful and remunerative job” and “to earn enough to ...See More
Postdoctoral associate at the Samuel DuBois Cook Center on Social Equity at Duke University
The unemployed aren't the only ones struggling. Over 25 percent of workers "earned poverty-level wages" according to the Economic Policy Institute. No worker should face poverty. A well designed job guarantee can rid America of the notion of the working poor - providing non-poverty wages, which would act as a price floor for the private sector.
Economics Prof. @DenisonU; President @BinzagrInfo #JobGuarantee #MMT #FullEmployment #MiddleEa
[A Job Guarantee program] is less than $600 billion a year to end unemployment, reduce unemployment-related social costs (mental health, suicide, family breakdown, crime, incarceration, etc.), and bring tangible hope to economically disadvantaged communities.
While I favor policies to tighten the labor market, I'm not sure how a job guarantee would work. What if you can't do anything useful? What if you're terrible at your guaranteed job? There are things the government could be doing to foster job creation in recessions — deficit spending, nominal GDP targeting, a higher default level of inflation, countercyclical infrastructure investment — that stri...See More
The CAP proposal [jobs guarantee] leaves a number of questions unanswered. For example, the report suggests turning the current pool of unemployed, displaced, and discouraged workers into teachers’ aides, EMTs, and elder-care assistants. But those are jobs that require a considerable amount of training and skill, and are generally long-term careers rather than temporary gigs.
But why insist on delivering that generosity in the specific form of "here's a make-work job for you to do in exchange for a check"? Why not just hand over the check? That way you don't need to cut as many checks to people supervising the work, obtaining the equipment to do the work, etc.
What we find that really fits the JG mold are local arts productions and discretionary beautification. That’s supposed to absorb millions of jobless people, including those who want nothing to do with putting on plays? Seems doubtful.
Foundation teaching and researching the scholarship of Austrian economics, freedom, and peace
This is made clear by taking the argument to its logical conclusion and considering a government proposal that paid one set of workers to dig ditches and the other set to fill them back in. While there would be a virtually unlimited number of jobs that could be created under such a program, there is clearly no value creation of any kind. Thus, a government-mandated job omits the very thing that ma...See More
Little consideration is given to the fact that these permanent government gigs might, as economists say, "crowd out" existing jobs. The new jobs might replace existing jobs, or jobs that would have been created anyway. Good luck figuring it out! As economist Adam Ozimek notes, the supposedly simple job guarantee might require Washington "in perpetuity" to "micromanage the number of employees at th...See More
Macroeconomist and codirector of the Center for Economic and Policy Research
A jobs guarantee may be a good aspirational goal, but we have a lot of messy work that we have to deal with first. If the push for a jobs guarantee distracts from this work, then it will be a major step backwards
Economist at Moody's Analytics focusing on Labor Markets
One of the major problems with a lack of employment is hysteresis. Workers who spend a significant amount of time without a job find it much harder to be re-employed, as firms take this long-term unemployment to be a negative signal about the individual's productivity. If the jobs guarantee works as designed, helping those workers who truly need it, then having a "guaranteed job" spell on a resume...See More
Senior Fellow of the Adam Smith Institute and writer
Government simply isn't capable of planning what should be done. And we can't just do really simple things because we don't have any really simple things to do with lots of labour. Thus the idea of a government job guarantee just isn't going to work.
If guaranteeing jobs and an unconditional basic income were both financially and politically feasible, I’d be a proponent of both. But if I had to choose one of these policies over the other, I’d prefer the basic income. This is because I think guaranteeing people access to the resources they need to survive has priority over guaranteeing them the right to sell their labor. [...] The buffer stock...See More
Journalist, Breitbart (previously The Wall Street Journal, CNBC.com)
The Job Guarantee actually falls prey to that old problem of the distribution of labor. Unless the skills, talents and dispositions of the unemployed miraculously match the jobs the government would like done, it doesn’t actually work much better than the “full employment” monetary policy. [...] But if they are creating jobs that put more money into people’s hands without creating more supply of t...See More
We did not invent technology for the purpose of guaranteeing that humans would always be forced to work for other humans in exchange for the money to purchase the right to exist. Automation is what can finally free humanity. A job guarantee is the perpetuation of wage enslavement. Unemployment is not a disease. Involuntary jobs are the disease and unemployment is the cure. The goal of society shou...See More