Wednesday, March 6, 2013

HR 1000 reintroduced on March 6!

HR 1000, the Humphrey-Hawkins 21st Century Full Employment and Training Act, was reintroduced by Rep. John Conyers (D-MI) on March 6, 2013.  This transformative federal legislation would create a national public service jobs program to complement job creation efforts in the private and nonprofit sectors. 

Most notably, the bill "aims to provide a job to any American that seeks work, and to ultimately, create a full employment society."

HR 1000 creates a national "Full Employment and Training Trust Fund," funded by a small Financial Transactions Tax on stock, bond and derivatives transactions. This would create a major new national funding source large enough to create 2.5 to 4 million jobs in the first two years of the program. The bill would also provide much additional funding to support innovative job training programs, such as one-stop career centers, YouthBuild and Job Corps, among others.

(Previous versions of HR 1000 were introduced in 2010 and 2011 (HR 870 and HR 4277)).

For more information, read HR 1000 and the bill summary.


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