Interpretation: Federal Job Guarantee Must Be For Everyone.
Paul et al. 18 (Mark, William DARITY JR., DARRICK HAMILTON, Postdoctoral Associate at the Samuel DuBois Cook Center on Social Equity at Duke University. William Darity Jr. is the Samuel DuBois Cook Professor of Public Policy, African and African-American Studies and Economics and the Director of the Samuel DuBois Cook Center on Social Equity at Duke University. Darrick Hamilton is Professor of Economics and Urban Policy at the Milano School of International Affairs, Management and Urban Policy and Department of Economics at the New School for Social Research, and Director of the Doctoral Program in Public and Urban Policy at The New School. “The Federal Job Guarantee - A Policy to Achieve Permanent Full Employment ”, Center on Budget and Policy Priorities, March 9, 2018, https://www.cbpp.org/research/full-employment/the-federal-job-guarantee-a-policy-to-achieve-permanent-full-employment#_ftn2, Accessed July 18, 2023) // CD
The federal job guarantee would provide a job, at non-poverty wages, for all citizens above the age of 18 that sought one. The minimum wage rate in the program is $11.83 an hour, equivalent to $24,600 per year for full-time workers, which is the current poverty line for a family of four. This rate would be indexed to inflation, ensuring that workers’ purchasing power is maintained over time. The program would incorporate wage variation based on time and performance in the program, a worker’s previous experience, education, and region of residence; thus, we estimate a mean annual wage for all employees at approximately $32,500.