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This program highlights the potential of work-sharing to help reduce unemployment, with a great explanation of some of the potential from my @UpjohnInstitute colleague Sue Houseman. https://twitter.com/NewsHour/status/1264696428770754561">https://twitter.com/NewsHour/...
This op-ed in @WSJopinion by Sue, w/ Katharine Abraham, explains more of the logic of why work-sharing can be helpful. https://www.wsj.com/articles/since-work-is-rare-its-time-to-share-11589235150?mod=opinion_major_pos6">https://www.wsj.com/articles/...
A lengthier research piece by Houseman and Abraham can be found at @hamiltonproj https://www.hamiltonproject.org/papers/encourage_work_sharing_to_reduce_unemployment">https://www.hamiltonproject.org/papers/en...
One of key points: work-sharing not only helps share the burden of recessions more evenly, but work-sharing reduces long-run unemployment and increases overall productivity of the economy. Layoffs have huge social costs for those laid off, their families, and the community.
In current crisis, federal government is providing the financing for work-sharing, so this is attractive way to bring more federal $ in to a state to help out. Also, the extra $600/week can be paid, so many workers are at least as well off under a work-sharing plan.
Work-sharing can not only be used by private employers, but can also be used by state and local governments: https://www.upjohn.org/research-highlights/local-budget-crisis-one-way-sharing-burden">https://www.upjohn.org/research-...
The specific study mentioned in the PBS story, on employers& #39; awareness of work-sharing in Iowa and Oregon, can be found here: https://research.upjohn.org/externalpapers/75/">https://research.upjohn.org/externalp...
