"Competition from these government-sponsored jobs would have an initially healthy result. It would force private companies to raise wages and increase benefits in order to keep up with the government. But as private-sector jobs improved, activists’ notion of what constitutes a good job would increase, and they would call for steadily higher wages and benefits for government work. Eventually this would exceed private companies’ ability to pay, so the job guarantee would come to represent the benchmark in the labor market and make up an ever-larger slice of the economy.
This would reduce productivity, since government jobs would likely generate less real value than private-sector jobs. Economists have found evidence that the beneficiaries of short-term government jobs tend not to go on to find work in the private sector after the programs end, suggesting that guaranteed jobs would be low-productivity work. As activists forced government wages and benefits higher, the private sector would find itself deprived of cooks, janitors, housekeepers, cashiers and the other people who make a modern economy run. In a worst-case scenario, this would be a one-way ratchet to a peculiarly dysfunctional form of communism.
So although a job guarantee could potentially be a good thing, politics seem likely to make it bad. A better idea is to use private-sector employment subsidies to encourage companies to hire more unemployed and underemployed workers -- an approach that the data suggests is much more effective in terms of building long-term worker skills. Additionally, a combination of wage subsidies, minimum wages and increased worker bargaining power could help private-sector workers capture a bigger share of the value they create."
Fonte: Noah Smith, Bloomberg
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terça-feira, 12 de março de 2019
Empregos garantidos
Ora digam lá se isto não lembra o efeito da função pública no mercado de trabalho em Portugal:
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