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MEMO
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Introduction
The long-term unemployed will make state and nation decrease the productivity and increase debt in public system. In response to the chronic unemployment of low and non-skilled workers in state X, the government aims to train them to get back to social and increase the productivity to society. There are two company could take the action for government, one is private sector that offers the on-the-job training program and another one is education program that offered by public sector. Before the government choose the program, it is necessary that State Government to evaluate all the benefits and costs of each program and choose the only one to train chronic unemployment of low and non-skilled workers.

Analysis Method and Assumptions
This memo provides a cost benefits analysis of different sector unemployed treatment in order to increase the productivity and employee rate of State X. In this memo, the costs of benefits of the private plan are compare with those of the public sector over a 30 years period and the current year is the year of 0 of this case.

In order to choose which sector is better, I calculated the net present value of costs and benefits of state, firms and trainees per trainee from year 1 to 30use different leisure value and discount rate for both public sector and private sector.
The next step is calculating the costs and benefits for both private and public sector in year 0. Then I add these with the result with the year 1 to 30.

After I calculated all the costs and benefits of state, firms and trainees per trainee from year 1 to 30use different leisure value and discount rate for both public sector and private sector, I put them all in the Kaldor-Hicks (KHT) in order to find net effects of different situation to society. And the sample of my work is showing as the table 2 and 3 for leisure

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