Trade and globalization have generated, and continue to generate, tremendous aggregate gains for the U.S. economy and American workers – but also can entail real and painful local losses as people lose their jobs, some firms downsize, and certain industries shrink.
As a follow-up to its groundbreaking report, Succeeding in the Global Economy: A Policy Agenda for the American Worker, released in June of 2007, the Financial Services Forum has produced a white paper that offers innovative policy proposals to help American workers prepare for, adjust to, and benefit from the 21st century global economy. Current worker transition programs were created in the early 1930's. While well-intentioned, the programs are outdated and inadequate to meaningfully help workers cope with the challenges of today’s economy. We aim to address many of these new challenges with proposals in our Adjustment Assistance Program.
To view preface to report click here
To view full report click here
What is being said about AAP White Paper
Press Release: Forum Releases White Paper Outlining a New Adjustment Assistance Plan to Help More American Workers Succeed in the Global Economy
To listen to conference call playback
Dial: 1 (800) 642-1687
Code: 58364953
White Paper in the News
WSJ: CEOs Seek to Defuse Trade Tensions: Displaced-Worker Aid Is Proposed
AP: Financial group urges more worker assistance
Chicago Sun-Times: CEO group touts tax hike to help unemployed workers
Chicago Tribune: Free trade an elusive concept
Bloomberg: Bankers Back Raising Taxes to Expand Aid to Displaced Workers
Global Atlantic: Executive Group Proposes Unemployment Benefits Overhaul
| 
