NEW YORK (CNNMoney) — Would you donate $6,000 to subsidize someone else’s job?The WorkPlace, a Connecticut non-profit agency, believes the best way to get the long-term unemployed back into the workforce is by paying companies to hire them.
But instead of turning to the government for the money, the agency is trying something different: asking private companies and citizens to support subsidized jobs.
“In order to get long-term unemployed people a chance to demonstrate they can do the job as well as anybody else, you have to use unusual tools and that’s one of them,” said Joseph Carbone, the agency’s chief executive.
More than three dozen companies, non-profits, foundations and individuals have donated more than $580,000 to fund The WorkPlace’s initiative, called Platform to Employment. The AARP Foundation kicked in another $200,000 to assist the jobless over age 50.
The program is one of the latest efforts aimed at tackling the thorny problem of long-term unemployment. Millions of people have been jobless for months or years in the wake of the Great Recession, and it’s much tougher for them to work their way back into the labor force, particularly if they are older.
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