Free beta access. 50 free AI tokens each week. Optional top-ups available. See what is included
Opening Word document…

Helps boost the econ in times of unemployment and provide people with stable jobs.

Laura Meyer 21, Master of Public Policy Student, University of Michigan, 4-1-21, “Subsidized Employment: A Proven Strategy to Aid an Equitable Economic Recovery,” https://www.cbpp.org/research/income-security/subsidized-employment-a-proven-strategy-to-aid-an-equitable-economic // KG

During periods of high unemployment, subsidized employment programs can boost the economy by increasing wages and employment levels — and should be used to do so now. (See text box, “Subsidized Employment Already Being Used to Fight Pandemic.”)

But subsidized employment programs have a role to play even in expansionary periods, when they can improve the employment opportunities and outcomes for individuals with more significant employment barriers who may need more support and supervision.[28] These barriers, such as low education levels or caregiving responsibilities, make it challenging for many people to find jobs even when the economy is strong.[29] A permanent federal program could create the foundation to support these workers — then scale up rapidly during recessions. Subsidized employment should be a part of a permanent investment in a stronger, more equitable economy.

Sign in to recut, update, or save this card.