dblskifanatic
Active member
- Joined
- May 24, 2019
- Messages
- 767
- Points
- 43
I don't know why there is such a problem finding workers but the evidence to date doesnt support the argument that its due to overly generous unemployment benefits. https://www.nytimes.com/2021/08/23/opinion/workers-wages-recovery.html
maybe those benefits have to be unavailable for some time before workers feel compelled to return to work.
it does not have to be overly generous it could even be equal. There is a woman I know that worked for the same company I did who had a very good salary - over 90K. She lost here job and started looking for a new job but after a couple months, there was not job that replaced her old income. She has been riding this out to the max because while it is still less than here old income, new jobs would be less than unemployment with the extra $300 per week. She is part of the discouraged worked that is counted in the real unemployment numbers. And she will stay there since she was schedule to retire in a year or so.
Discouraged workers are people who have given up looking for work but would take a job if offered at the right wage.