Jobs for All Act

The Jobs for All Act would establish a National Full Employment Trust Fund to fund public service jobs in community-focused areas like affordable housing, healthcare, education, and infrastructure. The program would provide employment for people seeking work through grants to states, tribes, local governments, and nonprofits, requiring 35% of workers to be from disadvantaged groups. It would be funded by a new securities transaction tax (0.06-0.2%), funds that would have been used for unemployment insurance, and taxes paid by program employees. The program aims to achieve full employment without increasing inflation by supplementing private sector jobs, providing wages comparable to public sector jobs, and requiring job training for all participants.