3 ms·
Additionally, much of the interim unemployment benefits were explicitly designed to keep people from wanting to go back to work -- if my choices were back to wo
by wcunning 6y ago
Additionally, much of the interim unemployment benefits were explicitly designed to keep people from wanting to go back to work -- if my choices were back to work at a job without adequate social distancing or design of safety screens and blocking for workers or making 150% of my former salary staying on unemployment, guess which one I'd choose?
I strongly expect to see the lower income unemployment rate drop pretty hard in the nearer future, given that not all states are using the FEMA assistance for their unemployment systems, and even with the number that are, that money will run out and benefits will go back to pre-COVID levels of lower-than-your-original salary. Once that really starts setting in, and with the high job posting rate, employment will jump up.
This ignores the group of people who have pre-existing conditions and really can't go back to work without possibly even excessive social distancing, but I'm unsure the magnitude of impact that will have on the labor force...
- claudeganon 6y ago> This ignores the group of people who have pre-existing conditions and really can't go back to work. ...and the group of people who have pre-existing conditions, but can’t afford to miss work, get sick and go bankrupt, become disabled or die.