14 ways to help the unemployed get back to work

Shutterstock.com

Article Highlights

  • Michael Strain's recommendations for reducing unemployment: #2 "Lower the minimum wage for the long-term unemployed and for inexperienced workers, and couple it with an EITC-like payment."

    Tweet This

  • Michael Strain's recommendations for reducing unemployment: #5 "Reform disability insurance so that it is no longer a permanent exit from the labor force."

    Tweet This

  • Michael Strain's recommendations for reducing unemployment: #10 "Reduce the licensing and administrative barriers facing would-be entrepreneurs."

    Tweet This

  • Michael Strain's recommendations for reducing unemployment: #12 "Consider temporarily eliminating or reducing the capital-gains tax on new businesses’ investment."

    Tweet This

As the economy continues its rocky path to recovery, helping Americans find work has taken center stage. AEI's Michael Strain has these recommendations for getting people back to work.

1.    Expand, support, and publicize work-sharing unemployment insurance programs.

2.    Lower the minimum wage for the long-term unemployed and for inexperienced workers, and couple it with an EITC-like payment.

3.    Offer UI-funded relocation subsidies for the long-term unemployed.

4.    Provide lump-sum UI payments, and bonus payments to workers who find jobs.

5.    Reform disability insurance so that it is no longer a permanent exit from the labor force.

6.    Offer assistance to long-term unemployed workers who want to start small businesses and can demonstrate a credible business plan.

7.    Increase high-skill immigration.

8.    Push states to adopt right-to-work laws.

9.    Delay Obamacare’s employment-reducing provisions at least until the labor market has significantly improved.

10.    Reduce the licensing and administrative barriers facing would-be entrepreneurs.

11.    Encourage domestic energy production.

12.    Consider temporarily eliminating or reducing the capital-gains tax on new businesses’ investment.

13.    Permanently reduce the payroll tax and pay for the reduction by, say, increasing Medicare and Social Security eligibility ages.

14.    Reduce occupational licensing requirements.

For more information on this topic, read "A new jobs agenda" and "Obama is not taking unemployment seriously."

Check out what others have said about Michael Strain’s jobs plan:

 

Also Visit
AEIdeas Blog The American Magazine

What's new on AEI

AEI Election Watch 2014: What will happen and why it matters
image A nation divided by marriage
image Teaching reform
image Socialist party pushing $20 minimum wage defends $13-an-hour job listing
AEI on Facebook
Events Calendar
  • 27
    MON
  • 28
    TUE
  • 29
    WED
  • 30
    THU
  • 31
    FRI
Monday, October 27, 2014 | 10:00 a.m. – 11:30 a.m.
State income taxes and the Supreme Court: Maryland Comptroller v. Wynne

Please join AEI for a panel discussion exploring these and other questions about this crucial case.

Tuesday, October 28, 2014 | 9:30 a.m. – 12:15 p.m.
For richer, for poorer: How family structures economic success in America

Join Lerman, Wilcox, and a group of distinguished scholars and commentators for the release of Lerman and Wilcox’s report, which examines the relationships among and policy implications of marriage, family structure, and economic success in America.

Tuesday, October 28, 2014 | 5:30 p.m. – 7:00 p.m.
The 7 deadly virtues: 18 conservative writers on why the virtuous life is funny as hell

Please join AEI for a book forum moderated by Last and featuring five of these leading conservative voices. By the time the forum is over, attendees may be on their way to discovering an entirely different — and better — moral universe.

Thursday, October 30, 2014 | 2:00 p.m. – 3:00 p.m.
A nuclear deal with Iran? Weighing the possibilities

Join us, as experts discuss their predictions for whether the United States will strike a nuclear deal with Iran ahead of the November 24 deadline, and the repercussions of the possible outcomes.

Thursday, October 30, 2014 | 5:00 p.m. – 6:15 p.m.
The forgotten depression — 1921: The crash that cured itself

Please join Author James Grant and AEI senior economists for a discussion about Grant's book, "The Forgotten Depression: 1921: The Crash That Cured Itself" (Simon & Schuster, 2014).

No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled today.
No events scheduled this day.