|Benefit-Cost Summary Statistics Per Participant|
|Taxpayers||$2,315||Benefits minus costs||$989|
|Participants||$4,842||Benefit to cost ratio||$1.24|
|Others||$0||Chance the program will produce|
|Indirect||($2,030)||benefits greater than the costs||54 %|
|Net program cost||($4,138)|
|Benefits minus cost||$989|
|Detailed Monetary Benefit Estimates Per Participant|
|Benefits from changes to:1||Benefits to:|
|Labor market earnings associated with employment||$2,207||$4,860||$0||$0||$7,068|
|Adjustment for deadweight cost of program||$0||$0||$0||($2,087)||($2,087)|
|Detailed Annual Cost Estimates Per Participant|
|Annual cost||Year dollars||Summary|
|Program costs||$4,102||2014||Present value of net program costs (in 2015 dollars)||($4,138)|
|Comparison costs||$0||2014||Cost range (+ or -)||66 %|
|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||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|
Bloom, H.S. (1990). Back to work: Testing reemployment services for displaced workers. Kalamazoo, MI: W.E. Upjohn Institute for Employment Research.
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.
Decker, P.T., & Thornton, C.V. (1995). The long-term effects of transitional employment services. Social Security Bulletin, 58(4), 71-81.
Decker, P.T., Olsen, R.B., Freeman, L., & Klepinger, D.H. (2000). Assisting Unemployment Insurance claimants: The long-term impacts of the Job Search Assistance Demonstration. U.S. Department of Labor, Employment and Training Administration, Unemployment Insurance Service.
Hollenbeck, K., & Huang, W.-J. (2003). Net impact and benefit-cost estimates of the workforce development system in Washington State. Kalamazoo, MI: W.E. Upjohn Institute for Employment Research.
Hollenbeck, K. (2009). Return on investment analysis of a selected set of workforce system programs in Indiana. Indianapolis, IN: Report submitted to the Indiana Chamber of Commerce Foundation.
Maguire, S., Freely, J., Clymer, C., Conway, M., & Schwartz, D. (2010). Tuning in to local labor markets: Findings from the Sectoral Employment Impact Study. Philadelphia, PA: Public/Private Ventures.
Miller, C., & Knox, V.W. (2001). The challenge of helping low-income fathers support their children: Final lessons from Parents' Fair Share. New York, NY: Manpower Demonstration Research Corporation.
Mueser, P.R., Troske, K.R., & Gorislavsky, A. (2007). Using state administrative data to measure program performance. The Review of Economics and Statistics, 89(4), 761-783.
Orr, L.L., Bloom, H.S., Bell, S.H., Doolittle, F., Lin, W., & Cave, G. (1996). Does training for the disadvantaged work? Evidence from the National JTPA Study. Washington, DC: The Urban Institute Press.
Schochet, P.Z., D'Amico, R., Berk, J., Dolfin, S., & Wozny, N. (2012). Estimated impacts for participants in the Trade Adjustment Assistance (TAA) Program under the 2002 amendments: Final report. Washington, DC: U.S. Department of Labor, Employment and Training Administration.
Wiegand, A., Sussell, J., Valentine, E., & Henderson, B. (2015). Evaluation of the Reintegration of Ex-Offenders (RExO) Program: Two-year impact report. Washington, DC: U.S. Department of Labor.