4 ms·

I’m a little confused, wouldn’t this mean that there are people sitting around who seemingly prefer no job than a lower than they would like paying job? I don’

I’m a little confused, wouldn’t this mean that there are people sitting around who seemingly prefer no job than a lower than they would like paying job? I don’t understand how all these unemployed people are surviving.

BenjiWiebe 5y ago
They are drawing unemployment benefits.
- lordnacho 5y ago
  What are the rules in the US? When does it end?
  - aninteger 5y ago
    Federal will end on Monday, Sept 6th, but certain states may have longer term benefits.
maxk42 5y ago
I think what we're seeing is the large proportion of the workforce that can get by on one income rather than two doing so. Many, many workers are working for non-economic reasons. Retired people work for exercise and social interactions. Married couples who can get by on one income no longer need to have both spouses working. And forcing students into attending classes from home has further forced more and more working couples to take a break to supervise their kids who are learning at home since most children (particularly young children) cannot be trusted to attend their classes without direct supervision. Many teenagers, also, who would have been in the workforce to have some spending money have decided the risks of the pandemic aren't worth it. And then there's the unemployment benefits. In short: Many people who can get by without working suddenly are. It only takes a few percent of the population choosing to no longer work to create a massive labor shortage.
AngryData 5y ago
Food is cheap, it doesn't take a lot of work to not starve to death. Many of them can survive on odd jobs and hustles that aren't counted as employment. And many of them left their expensive city apartments and moved into friends of family's places where the entire mortgage payment is less than single room apartment rent. They severely reduced their expenses which means their pocket change turned into a sizable fund to live on. And now if they do want to move back, rent prices have in many places doubled, so now they are demanding even higher wages to make up for it.

BenjiWiebe 5y ago

They are drawing unemployment benefits.

lordnacho 5y ago
What are the rules in the US? When does it end?
- aninteger 5y ago
  Federal will end on Monday, Sept 6th, but certain states may have longer term benefits.

maxk42 5y ago

I think what we're seeing is the large proportion of the workforce that can get by on one income rather than two doing so. Many, many workers are working for non-economic reasons. Retired people work for exercise and social interactions. Married couples who can get by on one income no longer need to have both spouses working. And forcing students into attending classes from home has further forced more and more working couples to take a break to supervise their kids who are learning at home since most children (particularly young children) cannot be trusted to attend their classes without direct supervision. Many teenagers, also, who would have been in the workforce to have some spending money have decided the risks of the pandemic aren't worth it. And then there's the unemployment benefits. In short: Many people who can get by without working suddenly are. It only takes a few percent of the population choosing to no longer work to create a massive labor shortage.

AngryData 5y ago

Food is cheap, it doesn't take a lot of work to not starve to death. Many of them can survive on odd jobs and hustles that aren't counted as employment. And many of them left their expensive city apartments and moved into friends of family's places where the entire mortgage payment is less than single room apartment rent. They severely reduced their expenses which means their pocket change turned into a sizable fund to live on. And now if they do want to move back, rent prices have in many places doubled, so now they are demanding even higher wages to make up for it.