3 Reasons Subsidized Jobs Should Be Part of an Economic Mobility Agenda
“Under subsidized jobs programs, the government reimburses employers for some or all of an employee’s wages, subject to specific conditions. Unlike direct public-sector employment initiatives, subsidized jobs programs engage the private and nonprofit sectors. These programs represent an important tool for ensuring that all who seek employment have the opportunity to participate in the labor market. In recessions, when unemployment is widespread, subsidized jobs programs typically have the objective of providing immediate work opportunities to struggling families, stimulating the local economy, and temporarily assisting hard-hit businesses.”
– Rachel West, July 30, 2014
Read the full post on the Center for American Progress website here.