Generating Jobs: How to Increase Demand for Less-skilled Workers - Tapa dura

Sinopsis

Seven studies examine the effectiveness of micro demand- side economic policies that seek to either induce firms and government agencies to increase the employment of less skilled workers, or raise the pay and benefits of low-skill labor. The authors draw a number of conclusions including: wage subsidies to hire disadvantaged workers raise demand for low-skill labor; subsidies to locate business in impoverished areas are ineffective; public employment policies raise job rates, but not wages; mandated wages raise compensation with little cost in employment levels; and profit-sharing has little effect in increasing jobs. Annotation c. by Book News, Inc., Portland, Or.

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