Why We Need A Federal Jobs Guarantee
Why should the federal government adopt a jobs guarantee? Pavlina Tcherneva, economics professor at the Levy Economics Institute of Bard College, outlines the economic case for a jobs guarantee. Every day the U.S. forgoes half a billion dollars of output because of unemployment. But it doesn’t have to be this way. A jobs guarantee would not only employee millions and increase output, but would also strengthen communities and the safety net, giving people the opportunity to organize their human power for the collective good. And, it would do away with “the scarlet letter of the unemployed”—the career gap in one’s resume.
