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mahatmakanejeeves

(57,307 posts)
Thu Aug 12, 2021, 11:52 AM Aug 2021

Opinion: Many Americans aren't going back to work, but it's not for the reason you might expect

Paul Brandus

Opinion: Many Americans aren’t going back to work, but it’s not for the reason you might expect

Published: Aug. 12, 2021 at 8:56 a.m. ET
By Paul Brandus

Unemployment benefits play only a small role, research shows

Millions of Americans now receiving pandemic aid will see their benefits end in September.

{snip}

Thus, jobs aren’t being filed because folks are getting a measly $300 a week from the government. They’re not being filled because people aren’t financially compelled to go back to work, particularly if it involves commuting.

There’s a broader observation to be made about working for the sake of working, of striving and achieving and proving yourself in the marketplace, regardless of the financial position you’re in. But that’s a discussion for another day.

And I don’t want to sugarcoat this. There is no question that millions of Americans are struggling, and for whom $300 a week is a big deal. But there’s also plenty of data to suggest that many others are riding out the pandemic in good shape.

There’s no one-size-fits-all policy to accommodate everyone. If times are flush for millions, then surely we can find a way to continue helping those who aren’t so fortunate.

{snip}

About the Author

Paul Brandus contributors@marketwatch.com https://twitter.com/WestWingReport
Paul Brandus is a columnist for MarketWatch and the White House bureau chief for West Wing Reports. Follow him on Twitter @westwingreport.
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