IS
IT POSSIBLE TO REDUCE UNEMPLOYMENT BY USING UNEMPLOYMENT DOLLARS?
Is
it possible to significantly reduce America's unemployment along with
unemployment benefits at little or no addition to deficit or burden
to the tax payer? I think so and it is not as difficult as our
experts make it to be.
And
since am not even close to being an expert I am going to out line my
case in very simple terms.
First
a working database of all small business that were in operation
continuously for 5 years prior to 2008 should be compiled.
Next
a database of all unemployed from 2008 to 2012 showing demographics,
experience and qualifications should also be complied. I know someone
id going to say that the information already exist. This information
should be precise and reliable.
Then
everyone that is being paid unemployment should be matched against
data the employment database. Matches from this database should then
be compared to the small business database.
Now
small business must be reclassified for this to work. A small
business should be classified as employing 200 persons or less.
Unemployment
monies paid to the unemployed candidate should be made available to
the small business to aid with the employment cost of the unemployed.
Also small businesses in need of managerial expertise would be able
to shop the database,
Projected
savings with the program should be used on a revolving basic to
further assist these small business with growth and development.
The
unemployed worker could continue to shop for other employment or
remain with the company if growth potential exists. The small
business should be given two years to solidify its position and
should be able to show encouraging growth potential during that
period.
Lets
face it; these individuals possess great skills, qualifications and
or experience. They are already being paid all be it at a reduced
rate. In many cases their involvement could change the profile of
small companies making competitive and able to appreciate their
market share in their line of of work. Some of these workers will not
be returning to their past positions and risk accepting jobs at
reduced rates. Many might be in search of new careers.
I
believe using monies already budgeted for unemployment to aid small
businesses and increase employment and personal self esteem would
benefit the country greatly.
We
have to put people back to work and we cannot continue to do it on a
charitable basis. There are thousands of middle age workers being
retrained without the prospect for finding employment in the near
future. There are many business on the verge of going under due to
not being able to meet labor costs and employ the numbers necessary
to turn the corner and become profitable. Institutions like SBA are a
night mare to deal with. Many companies have had their credit
destroyed because of the economic situation of the country.
