Sunday, May 9, 2021

How Trillions in Stimulus Money Created a Labor Shortage https://youtu.be/PfTwXIBma7M

How Trillions in Stimulus Money Created a Labor Shortage https://youtu.be/PfTwXIBma7M If you’re tired of binge-watching Netflix, there are likely a few restaurants in your neighborhood who would love to hire you. A job might help relieve the boredom. On the other hand, why work when one can just be one of the more than 6 million former workers now collecting “pandemic unemployment insurance”? Those millions are in addition to the 3.6 million former workers collecting ordinary unemployment insurance. For many workers, these benefits now total $300 per week. In March, President Biden extended the program until September. And then there are the many millions more who have recently received a piece of the third round of stimulus payments. All three bailouts combined to total around $460 billion in checks mailed out to Americans. So, it shouldn’t be an enormous shock when we find out that many employers are having trouble finding workers. One McDonald's restaurant is offering bonuses just for showing up for an interview. One eatery is offering a $400 sign-on bonus. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

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