|Benefit-Cost Summary Statistics Per Participant|
|Taxpayers||$1,568||Benefits minus costs||$1,976|
|Participants||$683||Benefit to cost ratio||$4.71|
|Others||$0||Chance the program will produce|
|Indirect||$257||benefits greater than the costs||68 %|
|Net program cost||($532)|
|Benefits minus cost||$1,976|
|Detailed Monetary Benefit Estimates Per Participant|
|Benefits from changes to:1||Benefits to:|
|Labor market earnings associated with employment||$514||$1,131||$0||$0||$1,645|
|Adjustment for deadweight cost of program||$0||$0||$0||($264)||($264)|
|Detailed Annual Cost Estimates Per Participant|
|Annual cost||Year dollars||Summary|
|Program costs||$515||2014||Present value of net program costs (in 2017 dollars)||($532)|
|Comparison costs||$0||2014||Cost range (+ or -)||56 %|
|Estimated Cumulative Net Benefits Over Time (Non-Discounted Dollars)|
|The graph above illustrates the estimated cumulative net benefits per-participant for the first fifty years beyond the initial investment in the program. We present these cash flows in non-discounted dollars to simplify the “break-even” point from a budgeting perspective. If the dollars are negative (bars below $0 line), the cumulative benefits do not outweigh the cost of the program up to that point in time. The program breaks even when the dollars reach $0. At this point, the total benefits to participants, taxpayers, and others, are equal to the cost of the program. If the dollars are above $0, the benefits of the program exceed the initial investment.|
|Meta-Analysis of Program Effects|
|Outcomes measured||Treatment age||No. of effect sizes||Treatment N||Adjusted effect sizes(ES) and standard errors(SE) used in the benefit - cost analysis||Unadjusted effect size (random effects model)|
|First time ES is estimated||Second time ES is estimated|
Corson, W., & Haimson, J. (1996). The New Jersey Unemployment Insurance Reemployment Demonstration Project: Six-year followup and summary report. Washington, DC: U.S. Department of Labor, Employment and Training Administration, Unemployment Insurance Service.
Friedlander, D., Freedman, S., Hamilton, G., & Quint, J. (1987). Final report on job search and work experience in Cook County. New York, NY: Manpower Demonstration Research Corporation.
Goldman, B., Friedlander, D., & Long, D. (1986). The San Diego Job Search and Work Experience Demonstration: Final report. New York, NY: Manpower Demonstration Research Corporation.
Goldman, B.S. (1981). Impacts of the Immediate Job Search Assistance Experiment: Louisville WIN Research Laboratory Project. New York, NY: Manpower Demonstration Research Corporation.
Klepinger, D.H., Johnson, T.R., Joesch, J.M., & Benus, J.M. (1997). Evaluation of the Maryland Unemployment Insurance Work Search Demonstration: Final report. Washington, DC: U.S. Department of Labor, Employment and Training Administration, Unemployment Insurance Service.
Vinokur, A.D., van Ryn, M., Gramlich, E.M., & Price, R.H. (1991). Long-term follow-up and benefit-cost analysis of the Jobs Program: A preventive intervention for the unemployed. The Journal of Applied Psychology, 76(2), 213-219.
Vinokur, A.D., Price, R.H., & Schul, Y. (1995). Impact of the JOBS intervention on unemployed workers varying in risk for depression. American Journal of Community Psychology, 23(1), 39-74.
Wolfhagen, C.F., & Goldman, B.S. (1983). Job search strategies: Lessons from the Louisville WIN laboratory. New York, NY: Manpower Demonstration Research Corporation.