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Where are the workers? Cutoff of jobless aid spurs no influx
- long_time_gone 5y agoNotable quote: > In states that cut off the $300 check, the workforce — the number of people who either have a job or are looking for one — has risen no more than it has in the states that maintained the payment. That federal aid, along with two jobless aid programs that served gig workers and the long-term unemployed, ended nationally Sept. 6. Yet America’s overall workforce actually shrank that month.
- newbamboo 5y ago“ Losing the $300-a-week federal payment hasn’t changed her mind. She’ll receive her regular state jobless aid for a few more weeks. “Once you’ve stayed home with your kids and family like this, who wants to physically have to go back to work?” she said” I think economists have a construct “friction” which helps explain why the ap journalists weren’t able to replicate the findings of the actually legitimate study they cited which did find a small effect. What happened to the ap this year? It used to be pretty credible and report news rather than invent it. It’s now a totally different entity.