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Articles 1 - 2 of 2
Full-Text Articles in Labor Economics
The U.S. Economic Crisis And A Revised New Jobs Tax Credit, Timothy J. Bartik
The U.S. Economic Crisis And A Revised New Jobs Tax Credit, Timothy J. Bartik
Upjohn Institute Policy Papers
An efficacious economic stimulus to help the U.S. economy recover from its current recession is the revival of the New Jobs Tax Credit. Unlike the original credit utilized by the federal government in 1977– 1978, the new version should be a refundable credit but at a lower current dollar value. My 2001 book, Jobs for the Poor: Can Labor Demand Policies Help? proposed a permanent version f the New Jobs Tax Credit that would be automatically triggered when the unemployment rate is high. My estimates, updated to 2008, suggest that such a revised credit might increase aggregate U.S. employment by …
Is There A Role For Public Support Of Incumbent Worker On-The-Job Training?, Kevin Hollenbeck
Is There A Role For Public Support Of Incumbent Worker On-The-Job Training?, Kevin Hollenbeck
Upjohn Institute Policy Papers
States have begun to use training subsidies as a policy tool for employment retention and business competitiveness. This paper summarizes a survey of states concerning their investments in incumbent worker training. Altogether, states are investing about $550 to $800 million, which is perhaps one percent or less of total private sector training costs. The paper further discusses a study conducted for one state in which we found significant fiscal returns implying that underinvestment of public funds for incumbent worker training may be occurring. In this state, primary sector jobs were created or retained at a public cost of less than …