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Senators push plan to subsidize lost hours

November 16th, 2009 by The Hill Filed under Featured, Feeds, Free Republic, Politics.[0 views]
Senate Democrats crafting a job creation bill are considering a proposal to give money to workers who cut their hours in order to avoid layoffs. A bill sponsored by Sen. Jack Reed (D-R.I.) would give unemployment compensation to employees who accept a reduced work schedule to allow their companies to avert layoffs or to hire more employees. Reed's proposal for work-sharing was mentioned during the Senate Democrats' lunch Tuesday, when Majority Leader Harry Reid (Nev.) announced that an initiative focusing on jobs would soon be a priority, Reed's office said.

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