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People were not receiving typical unemployment benefits. When you look at the size of the benefit amounts from the perspective of a working class person or Jr E
by bequanna 5y ago
People were not receiving typical unemployment benefits. When you look at the size of the benefit amounts from the perspective of a working class person or Jr Employee, it was a no brainer: Stay at home, make more money.
Check out the number of people who were still receiving unemployment when the federal bonus ran out and compare that to the number of open entry level positions. People were/are absolutely choosing to say home instead of finding work.
Who can blame them! It is the smarter decision.
The US Gov’t should have stepped this down much earlier. Now we have a decent sized group of young people who have spent the better part of two years expecting checks in their mailbox and no student loan payments. Reality is going to hit them hard.
I think our collective charity is running out. IMO, All this is going to result in is childish tantrums demanding “basic income” from able bodied people who are finally being forced to to accept the economic realities of their position.