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Some people did decide that benefits are better than working yes, but the reality is more complicated than that - https://www.texasmonthly.com/news-politics/tex
by chomp 5y ago
Some people did decide that benefits are better than working yes, but the reality is more complicated than that - https://www.texasmonthly.com/news-politics/texas-restaurant-workers-unemployment-leverage/ https://www.texasmonthly.com/news-politics/texas-restaurant-...
I personally know 3 people who left the restaurant industry (1 RNA certification, 1 barbering, and one realtor) last year. I know of one person who spent their time during shutdown working on IT certifications who is currently planning an exit. I don't blame these people for not working in food service. I did my time there, it's miserable on all fronts.
I think the bigger problem is shutting down the industry and starting it back up. People who had to go elsewhere to make ends meet aren't going to go back. It's going to take a long time for these restaurants to recover lost talent. They are going to have to offer a lot more than the old status quo if they want to woo workers back.
- disgruntledphd2 5y agoThis is why furlough schemes (done for ages in Germany, and much of Western Europe during the pandemic) are a good idea.
- chomp 5y agoI don't know about that. I do think it's way way better than helicopter money and PPP loans, but I don't think it'd help this particular issue. Flushing people out of a local maximum (in terms of effort to compensation) will just have them searching for a new local maximum. A lot might find that their old local maximum was one of the least optimal. Furloughing people gives them time to better optimize. Which in my opinion is good for the workers, but I think you'd still see some people hunting around- they just wouldn't have a fire lit under them.