Work sharing deserves a legislative shot
By Derek Thomas, Indiana Institute for Working Families
TheStatehouseFile.com (Franklin, Ind.)
Feb. 11, 2015
"The best way to stimulate the economy is by keeping workers on the job through work sharing. According to Moody’s Analytics, the return is greater than infrastructure investments or tax cuts.
"A work sharing program – available in 28 states – is a voluntary and cost-equivalent alternative to traditional unemployment insurance that allows an employer to have the option of reducing the hours and wages instead of laying off a portion of its workforce to match decreased demand. The reduction in wages would be supplemented by a portion of UI benefits—typically equal to half of lost wages. ... "