Each summer Fed policymakers meet with other central bankers and economists at an annual Economic Policy Symposium in Jackson Hole, Wyoming. Held August 21–23, this year’s gathering, for the first time in two decades, focused on ways of combating persistent unemployment and stagnant wages. Recognizing these problems existed as the U.S. economy exited the Great Recession, Upjohn Institute researchers compiled a set of time-tested and innovative responses that address the same goals that symposium attendees focused on. With national and international attention once again focused on lingering labor market problems, now is a good time to revisit the Upjohn proposals on national labor market policy, which include:
- Easing Labor Market Troubles in the Short Run and Developing a Skilled Workforce in the Long Run: Some Ideas
- Short-Time Compensation Is a Missing Safety Net for U.S. Economy in Recessions, Katharine G. Abraham and Susan N. Houseman
- The New Jobs Tax Credit: A Tested Way to Fight High Unemployment, Timothy J. Bartik
- Improving Performance Measures for the Nation’s Workforce Development System, Randall W. Eberts
- Tools to Transform the Workforce Development System, Randall W. Eberts and Christopher J. O’Leary
- Adding Labor Demand Incentives to Encourage Employment for the Disadvantaged, Timothy J. Bartik
- Why Universal Preschool Is Really a Labor Market Program, Timothy J. Bartik
- Boosting the Economy through Career and Technical Education, Kevin Hollenbeck
- How Can a Community Respond to the Economic Downturn? George A. Erickcek and Brad R. Watts
- The Kalamazoo Promise as a Model for an American Promise, Timothy J. Bartik and Michelle Miller-Adams