Investing In Care: A Strategy For Effective And Equitable Job Creation
Massive job losses in the USA, over 8 million since the onset of the "Great Recession," call for job creation measures through fiscal expansion. In this paper, the authors analyze the job creation potential of social service delivery sectors - early childhood development and home based health care - as compared to other proposed alternatives in infrastructure construction and energy. Their microsimulation results suggest that investing in the care sector creates more jobs in total, at double the rate of infrastructure investment. The second finding is that these jobs are more effective in reaching disadvantaged workers: those from poor households and with lower levels of educational attainment.