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C.four. Tax Credit - A protracted-standing proposal to increase employment is to make use of the tax system to provide companies incentives to rent additional employees (Spence and Hlatshwayo 2011). For example, Alan Blinder, former vice-chairman of the Federal Reserve, has proposed giving companies a tax credit score unemployed professors assessment unemployed professors review equal to 10 % of the rise of their wage funds over the earlier year (Blinder 2013). Different specialists have proposed using tax policy to profit youthful people who could also be disproportionately affected by technological unemployment (Sachs and Kotlikoff 2012).