State hiring credits and recent job growth

Diego Grijalva () and David Neumark

FRBSF Economic Letter, 2014

Abstract: In response to job losses associated with the Great Recession, a number of states adopted hiring credits to encourage employers to create jobs. These credits provide tax breaks to employers that create jobs or expand payrolls, with the aim of increasing hiring by reducing labor costs. The evidence on their effects is mixed, although some of these credits appear to have succeeded in boosting job growth.

Date: 2014
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