Job guarantee
economic policy proposal for full employment in which the state hires unemployed workers as an employer of last resort
A job guarantee (JG) is an economic policy proposal aimed at giving a sustainable solution to the problems of inflation and unemployment. Its aim is to create full employment and price stability, by having the state promise to hire unemployed workers as an employer of last resort (ELR).[1]
References
change- ↑ Wray, L. Randall (23 August 2009). "Job Guarantee". New Economic Perspectives. Archived from the original on 1 August 2018. Retrieved 31 July 2018.
