Jul. 22, 2017 Jobs Guarantee

On Jul. 18, 2017, The New Republic’s Bryce Covert reported “Back to Work: How Democrats can win over Americans left behind in the new economy.” The Center for American Progress has a plan:

“A jobs guarantee would effectively prevent private employers from pitting workers against each other. If the government offered a job to everyone who wants to work, private-sector employees could demand adequate pay, humane schedules, and more generous benefits with less fear of getting fired. In effect, corporate America would be forced to compete with the government for employees—which would put pressure on private employers to provide desirable jobs. If they failed to offer a living wage and good benefits, people could simply leave for better, government-funded work.

So how, exactly, would a federal jobs guarantee work? William Darity Jr., an economist at Duke University who has long advocated for guaranteed jobs, has proposed that employment come with a minimum salary of $23,000 a year—enough to push every American above the poverty line. The CAP proposal looks similar, calling for each job to pay at least $15 an hour plus payroll taxes, or $36,000 a year. Even if the guarantee focuses only on increasing employment for workers without a college degree, CAP says, the plan would create 4.4 million new jobs.”

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