Saturday, June 2, 2012

New employment bill introduced by Rep, Conyers (D-MI)


H.R. 870, “The Humphrey-Hawkins 21st Century Full Employment and Training Act”

Bill Summary and Status

(h/t Clonal in the comments)

52 co-sponsors.

3 comments:

Dan said...

I like the $12-$15/hr jobs, 30 hours a week.

I like the FTT, even if we don't need the revenues.

Don't like letting local governments, non-profits, and small businesses administer the work. I'd rather see a Federal admin, with professional managers, similar to WPA.

Fails to define "full employment."

Work sharing is non-MMT.

Overall, it would be a big step in the right direction, despite imperfections.

Clonal said...

Dan two things - median Hourly wage was $16.57 including benefits

The Bill states -
Quote:
They will pay comparable or prevailing wages, averaging $12-15 per hour, as well as benefits.

The Full Employment Guidelines come from the original Humphrey Hawkins Act.

Quote:
The Act set specific numerical goals for the President to attain. By 1983, unemployment rates should be not more than 3% for persons aged 20 or over and not more than 4% for persons aged 16 or over

The Work share Act is a separate Act not introduced to Congress as yet.

Mike Norman said...

"Taxing Wall Street speculation to pay for jobs..."

How are you going to do that?

Like that's ever going to happen. This bill is dead in the water.