The Labor Market Is Tight Despite High Unemployment

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Finding workers is hard despite the high unemployment rate, because many jobless folks don't match the skills needed, don't want to shift occupations or prefer to collect unemployment. Business focus on retention should be top priority.

In the pandemic recession even more parents left the labor force to take care of their children because schools were closed.

These decisions interact with unemployment benefits to alter behavior of some people. The usual benefit structure provides less income for the unemployed than they would earn working. The $600 bonus paid out in the early months of the pandemic put more money in many unemployed people’s pockets than they had been earning. The current $300 bonus and Biden’s proposed $400 weekly bonus similarly erode work incentives, though not as badly as the old bonus.

 

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Bad reporting because it’s incorrect

This is more lies. These people just want cheap labor.

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You know nothing about the labor market theres jobs everywhere none can get enough help at most warehouses

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