Want to add jobs? Subsidize employers - Fed paper
Want to add jobs? Subsidize employers - Fed paper
- March 20, 2012
- David Neumark, economics Chancellor's Professor and Center for Economics & Public Policy director, is quoted by Reuters March 19, 2012
-----
From Reuters:
Subsidizing hiring would be the most effective way to boost jobs in the current economy,
because subsidizing workers would do little more than increase the number of job seekers,
according to research published on Monday by the Federal Reserve Bank of San Francisco.
While in a "normal" economy, employee subsidies have been found to be more effective,
"in the aftermath of the Great Recession, hiring credits are a more appropriate job
creation policy," wrote David Neumark, a University of California, Irvine professor.
For the full story, please visit http://www.reuters.com/article/2012/03/19/usa-fed-jobs-idUSL2E8EGEQK2012....
-----
Would you like to get more involved with the social sciences? Email us at communications@socsci.uci.edu to connect.
Related News Items
- Careet RightNew course opportunity: Civil Discourse
- Careet RightPolitical science professor brings fun, games to classroom
- Careet RightCosigner access reproduces existing social inequalities
- Careet RightVandekerckhove named UC Irvine Chancellor's Fellow
- Careet RightInflation anxiety looks very different than two years ago