请输入您要查询的百科知识:

 

词条 Employer of last resort
释义

  1. Use

  2. Government as employer of last resort

     Proposals  Criticisms  Examples 

  3. See also

  4. References

  5. External links

{{short description|Least desirable employment option of workers in an economy}}

Employers of last resort (ELR) are employers in an economy to whom workers go for jobs when no other jobs are available; the term is by analogy with "lender of last resort". The phrase is used in two senses:

  • undesirable jobs, often private sector, which are only taken as a last resort;
  • a formal government job guarantee program, where the government promises to act as employer of last resort, employing all comers.

The sense of a job guarantee program is used and advocated by some schools of Post-Keynesian economists, notably by authors of Modern Monetary Theory at the University of Missouri-Kansas City, the Levy Economics Institute (both United States) and in the Centre of Full Employment and Equity (Australia), who advocate it as a solution for unemployment.

Use

Colloquially, this may refer to work which is undesirable to most people or pays poorly – for instance, in the United States economy, many fast-food and retail industry jobs represent last-resort employment for many workers.[1]

In economics, the phrase often refers to employers which can hire workers when no other employers are hiring. Their presence may soften the negative impact on employment of downturns in the business cycle. One example of such a program would be the Civilian Conservation Corps, a government agency intended to provide work to young, unemployed men. Military Keynesianism argues that the military can act as an employer of last resort.

Government as employer of last resort

Proposals

A scheme was proposed by the Urban Coalition in the mid-1960s and received some support in the US Senate but was opposed by Lyndon Johnson.[2]

More recently L. Randall Wray suggested a proposal for the US where workers would be subject to federal work rules, jobs would be tailored to individuals' existing skills, and the US Labor Department would assess proposals for employment and keep a central register; he estimated a total cost of 1–2% of the US's GDP.[3] Marshall Auerback suggested the government hire all unemployed workers, paying close to the minimum wage.[4]

Criticisms

Marshall Auerback mentioned a number of flaws which his proposal attempted to get around. Such a scheme might have an effect on wages for existing jobs. It would also potentially require a large and expensive state bureaucracy to administer.[4]

Examples

On April 3, 2002 Argentina signed into law the social program Jefes y Jefas de Hogar Desempleados. It acts as an employer of last resort for heads of household who are unemployed and unable to find work.[5]

See also

  • Full Employment Abandoned
  • Involuntary unemployment
  • NAIBER
  • National Rural Employment Guarantee Act
  • Natural rate of unemployment

References

1. ^{{cite book|title=Social Inequality in a Global Age|author=Scott Sernau|page=96|year=2014|publisher=SAGE Publications}}
2. ^{{cite journal|title=Nation: Employer of Last Resort|journal=Time|date=Dec 29, 1967|url=http://content.time.com/time/magazine/article/0,9171,844296,00.html}}
3. ^{{cite web|last=Wray|first=L. Randall|title=The Job Guarantee: A Government Plan for Full Employment|url=http://www.thenation.com/article/161249/job-guarantee-government-plan-full-employment#|work=The Nation|accessdate=13 January 2014|date=June 8, 2011}}
4. ^{{cite web|last=Auerback|first=Marshall|title=Time to Try Government as Employer of Last Resort|url=http://www.huffingtonpost.com/marshall-auerback/time-to-try-government-as_b_360536.html|work=Huffington Post|publisher=November 17, 2009|accessdate=13 January 2014}}
5. ^{{cite web|last1=Kostzer|first1=Daniel|title=Argentina: A Case Study on the Plan Jefes y Jefas de Hogar Desocupados, or the Employment Road to Economic Recovery|url=http://www.levyinstitute.org/pubs/wp_534.pdf|publisher=The Levy Economics Institute}}

External links

  • [https://web.archive.org/web/20080522030721/http://www.dollarsandsense.org/archives/2008/0308dodd.html An Introduction to the Employer of Last Resort Proposal] (2008) from Dollars & Sense magazine
  • The Employer of Last Resort Approach to Full Employment written L. Randall Wray (July 2000) from the US Centre of Full Employment and price stability.
  • Employer of last resort website dedicated to reviewing information related to the employer of last resort philosophy.

5 : Public employment|Economic policy|Full employment|Modern monetary theory|Employers

随便看

 

开放百科全书收录14589846条英语、德语、日语等多语种百科知识,基本涵盖了大多数领域的百科知识,是一部内容自由、开放的电子版国际百科全书。

 

Copyright © 2023 OENC.NET All Rights Reserved
京ICP备2021023879号 更新时间:2024/11/16 9:12:06