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

Defeating ISIS: AEI experts weigh-in before the president’s address on Wednesday
image Degrading, defeating, and destroying the Islamic State
image Wealth Building Home Loan: Building wealth through homeownership and retirement savings
image The $3 iPhone
AEI on Facebook
Events Calendar
  • 15
    MON
  • 16
    TUE
  • 17
    WED
  • 18
    THU
  • 19
    FRI
Tuesday, September 16, 2014 | 5:00 p.m. – 6:00 p.m.
The Constitution as political theory

Please join us for the third-annual Walter Berns Constitution Day Lecture as James Ceasar, Harry F. Byrd Professor of Politics at the University of Virginia, explores some of the Constitution’s most significant contributions to political theory, focusing on themes that have been largely unexamined in current scholarship.

Event Registration is Closed
Wednesday, September 17, 2014 | 8:10 a.m. – Thursday, September 18, 2014 | 1:30 p.m.
Third international conference on housing risk: New risk measures and their applications

We invite you to join us for this year’s international conference on housing risk — cosponsored by the Collateral Risk Network and AEI International Center on Housing Risk — which will focus on new mortgage and collateral risk measures and their applications.

Event Registration is Closed
Thursday, September 18, 2014 | 2:15 p.m. – 3:00 p.m.
Speaker of the House John Boehner on resetting America’s economic foundation

Please join us as Speaker John Boehner (R-OH) delivers his five-point policy vision to reset America’s economy.

Friday, September 19, 2014 | 9:15 a.m. – 11:00 a.m.
Reforming Medicare: What does the public think?

Please join us as a panel of distinguished experts explore the implications of the report and the consumer role in shaping the future of Medicare.

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