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| Topic | Turtle: ''Labor shortage will be solved when people run out of stimulus money'' |
| MrToothHasYou 07/06/22 9:45:17 AM #33: | Even if someone qualified for the unemployment bonus the entire time it was in effect, which would be difficult to do given the limits on benefits that were in place, that plus the stimulus checks would only amount to like $20k (on top of what they made from their regular unemployment), and while that is a large chunk of change, it isnt enough to let that many people just float on savings for this long. Meanwhile the Fed is raising interest rates because the unemployment rate is too low for their liking, and the labor force participation rate is only like 1% lower than it was pre-pandemic. Everything is a fucking joke. --- An Injury to One is an Injury to All https://iww.org/ ... Copied to Clipboard! |
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