# Pavlina Tcherneva: The Case for a Job Guarantee

Page: https://stenobird.com/podcast/deep-dive-7032266/pavlina-tcherneva-the-case-for-a-job-guarantee
Text version: https://stenobird.com/podcast/deep-dive-7032266/pavlina-tcherneva-the-case-for-a-job-guarantee.md
Podcast: [Deep Dive](https://stenobird.com/podcast/deep-dive-7032266)
Published: 2024-09-25T12:47:32+00:00
Episode link: https://tschaff.podbean.com/e/the-case-for-a-job-guarentee/
Audio file: https://kertob.americanplus.us/podcast/audio/tcherneva.mp3
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JSON: https://stenobird.com/v1/public/podcasts/deep-dive-7032266/episodes/pavlina-tcherneva-the-case-for-a-job-guarantee
Duration seconds: 2099

## Resource

This working paper from the Levy Economics Institute proposes a policy solution to the problem of involuntary unemployment in the United States: the Job Guarantee (JG). This comprehensive policy document explores the concept, objectives, and design features of the JG program, arguing that it is a superior policy option to the current system of unemployment benefits. The paper begins by defining full employment as a situation where anyone of legal working age who wants to work can obtain employment at a living wage with decent working conditions. It then examines the conceptual understanding of unemployment, identifying it as a monetary problem, a failure of the public sector, and a moral failure. The paper proceeds to outline the objectives of the JG program, including providing decent jobs on demand to all who wish to work, guaranteeing a basic human right to employment, creating job opportunities in close proximity to the unemployed, and serving the public purpose. It then details key program features, such as its permanent but voluntary nature, living wage guarantee, local administration, federal funding, and its role as a safety net and transitional jobs program. The paper further explores the expected benefits of the JG, including the elimination of involuntary unemployment, raising the income floor, establishing a labor standard for the economy as a whole, stabilizing inflation, improving income distribution, and disrupting vicious cycles in the labor market. It also emphasizes the economic, social, and environmental benefits of the program. The paper delves into the design and implementation aspects of the JG program, discussing its short- and long-run operation, preparedness response through Community Jobs Banks, preventative features, program budget and fundin…

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## Transcript

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