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612-822-4611
The Case for Wage Insurance

The Case for Wage Insurance

Paperback

Series: Bernard and Irene Schwartz Series on American Competitivenes

Business GeneralCareers

ISBN10: 0876094051
ISBN13: 9780876094051
Publisher: Council On Foreign Relations
Published: Sep 1 2007
Pages: 52
Weight: 0.31
Height: 0.11 Width: 8.27 Depth: 11.02
Language: English
A flexible labor market and an open economy are crucial to economic competitiveness, but can sometimes cause prime-aged and older workers to suffer large, long-term income losses. This report explains why existing government programs, which emphasize retraining and insurance for short-term job loss, don't assuage workers' fears about globalization. It also proposes a shift of resources from existing programs to wage insurance.

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