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The job creation programme announced in the budget will help some struggling families, but is unlikely to make much difference to the 2010 target.
In 1997, the incoming Labour government imposed a windfall tax on the privatised utility companies, raising £5bn to finance a job creation programme for the unemployed.
The 10-point revival plan, Rebuilding the Economy of Britain's Industrial Communities, launched today, calls for co-ordinated social, education, training and employment schemes – tied to a job creation programme – to turn round the fortunes of these seemingly forgotten former pit communities and older industrial towns.
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Five months ago, the International Monetary Fund approved a $918m£600m0m) loan to help Ghana keep its social reform and job creation programmes afloat.
At the same time, his progressive "base" is furious at his apparent moderation, wanting more radical healthcare reforms, more state regulation of the banks and more money spent on job creation programmes.
Public-sector job creation programmes have mostly produced negative labour-market effects (based on assessments after the program has ended).
For direct job creation programmes, the German experience clearly shows a) the importance of a careful targeting of participants and b) the particular dangers of placing young welfare benefit recipients in these schemes.
The response to a rising permanent rate of unemployment as a result of technological change can perhaps be postponed but cannot be offset by traditional job creation programmes.
The White House also oversaw a furious public relations effort to sell the sweeping package of energy reforms as a jobs creation programme.
Underwood's most ambitious plan is America Works, a jobs creation programme that, in theory, will give gainful employment to 10 million people.
Subject to Washington's approval, the money would come from a federal job-creation programme.
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