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How can an employer compete to buy time when the government is willing to push the price to infinity? In other words, even if he offered more than unemployment
by missedthecue 5y ago
How can an employer compete to buy time when the government is willing to push the price to infinity?
In other words, even if he offered more than unemployment benefits, it's worth it to take the lesser amount and work 0 hours per week than take the higher income but have to put in 40 hours.
- spamizbad 5y ago> How can an employer compete to buy time when the government is willing to push the price to infinity? The government isn't willing to do this. It's only willing to offer an extra $300/week for 26 weeks.
- missedthecue 5y agoThey extended it.
- AnIdiotOnTheNet 5y ago> How can an employer compete to buy time when the government is willing to push the price to infinity? Why do you believe the government is willing to push the price to infinity? How would that benefit them?
- missedthecue 5y agoIn some states, the government has been paying people over $4000 per month to work for zero hours. That is paying people an infinite amount for time, because there is zero time being offered in exchange. If I was making that amount and not working, and you said here's $5000 a month for a full time job, I wouldn't take your offer because giving up 40 hours of my life per week is not worth the extra $1000. How exactly can this be handwaved? It's extremely difficult to compete with that. One market participatant is pushing the price of time to infinity.
- AnIdiotOnTheNet 5y agoPlease tell me which state, as I would like to quit my job and move there.
- missedthecue 5y agoThe maximum benefit in Massachusetts last I checked was $1800 weekly. That was with PUA. Even Alabama was at $875 a week.
- AnIdiotOnTheNet 5y agowhat was required to qualify for that maximum?
- mindslight 5y agoA check on that is people who can claim unemployment benefits while obtaining under the table jobs. How many from the official unemployment figures are doing so? The inflation-induced construction boom would seem quite amenable to such work.