4 ms·
I hear from multiple of my small business owner friends, that they are unable to get people to come back to work due to this. It's hard to know what the overall
by jchrisa 6y ago
I hear from multiple of my small business owner friends, that they are unable to get people to come back to work due to this. It's hard to know what the overall distortion is, but it's definitely a good illustration of the welfare trap where most jobs offer negative marginal utility.
- newacct583 6y ago$600/week unemployment, even when including state benefits, is well under minimum wage in almost all urban areas. I don't know which small businesses your friends own, nor where they are, but jobs that pay that low aren't representative of a significant fraction of the real economy (and, let's be honest: the ones that really sit in this realm tend to be staffed by undocumented workers anyway who wouldn't qualify for these benefits). Broadly: I think this is mostly spin, and would want to see a real study instead of anecdotes from friends.