- Joined
- Dec 9, 2009
- Messages
- 134,499
- Reaction score
- 14,621
- Location
- Houston, TX
- Gender
- Male
- Political Leaning
- Conservative
An expected U.S. hiring boom crashed into a wall in April, with employers adding a measly 266,000 new jobs – sharply missing Wall Street's expectations – amid a growing shortage of available workers.
The unemployment rate unexpectedly rose to 6.1% — while it's still well below the April 2020 peak of 14.7%, it's about twice the pre-crisis level, the Labor Department said in its monthly payroll report, released Friday morning. Economists surveyed by Refinitiv expected the report to show that unemployment fell to 5.8% and the economy added 978,000 jobs.
I dont know how much of an effect the expanded un-employment benefits is having on people going back to work, but I suspect that its having a larger than expected effect. At least in my area, and my hometown, businesses are hurting due to a lack of employees...they're practically begging people to come work for them. The other day, I saw an advert for a pizza place that was offering a $500 sign on bonus. A pizza place. In the more industrial parts of Indiana, where RVs are manufactured, a lot of factories are offering $5K sign on bonuses...so its not a lack of jobs, but a lack of people willing to go back to work (at least from my experiences, Im sure its not ubiquitous)
I dont know how much of an effect the expanded un-employment benefits is having on people going back to work, but I suspect that its having a larger than expected effect. At least in my area, and my hometown, businesses are hurting due to a lack of employees...they're practically begging people to come work for them. The other day, I saw an advert for a pizza place that was offering a $500 sign on bonus. A pizza place. In the more industrial parts of Indiana, where RVs are manufactured, a lot of factories are offering $5K sign on bonuses...so its not a lack of jobs, but a lack of people willing to go back to work (at least from my experiences, Im sure its not ubiquitous)
US hiring sharply misses expectations in April with just 266,000 new jobs added
The U.S. economy added 266,000 jobs in April, sharply missing economists' expectations.www.foxbusiness.com
I will also remind people that until we get to 159 million employed Biden job performance and economic policies will be failures. That 159 million are actually employed taxpayers and we are still 8 million short of that number with a job increase only being people returning to jobs not creating new ones. Economic policies create jobs Covid19 shutdown the economy costing job losses. No person can benefit from economic policies if not allowed to go back to work
I dont know how much of an effect the expanded un-employment benefits is having on people going back to work, but I suspect that its having a larger than expected effect. At least in my area, and my hometown, businesses are hurting due to a lack of employees...they're practically begging people to come work for them. The other day, I saw an advert for a pizza place that was offering a $500 sign on bonus. A pizza place. In the more industrial parts of Indiana, where RVs are manufactured, a lot of factories are offering $5K sign on bonuses...so its not a lack of jobs, but a lack of people willing to go back to work (at least from my experiences, Im sure its not ubiquitous)
Which businesses? A pizza place? Why should a person who is a middle class worker take that job?
Exactly correct, liberalism destroys incentive as there isn't really any incentive to go back to work when you can be paid to stay at home. It is this entitlement mentality that has been created by the left that will remain an issue until policies are changed and some tough love instituted
Its a problem for sure, and not one that I will try and excuse. The expanded benefits should have been more targeted. However, this isnt a "liberalism" issue...Im sure there are plenty of people who want to go back to work that can't and are in desperate need of assistanceExactly correct, liberalism destroys incentive as there isn't really any incentive to go back to work when you can be paid to stay at home. It is this entitlement mentality that has been created by the left that will remain an issue until policies are changed and some tough love instituted
so that the government can subsidize them with welfare programs like we do Walmart workers.
Its a problem for sure, and not one that I will try and excuse. The expanded benefits should have been more targeted. However, this isnt a "liberalism" issue...Im sure there are plenty of people who want to go back to work that can't and are in desperate need of assistance
conservatives do nothing but insist Americans are lazy and don’t want to work. Horseshit.
It was just an example. The other example I gave speaks to itself. Believe it or not, where Im from, a RV factory job is more than enough to support a middle class lifestyle. And the factories are in desperate need for more workers. From personal experience, my family's business set up a program to relocate and house people from Chicago just to fulfill hiring demands. Again, I know that this isnt exactly a universal situation, but the fact remains that hiring demand is highWhich businesses? A pizza place? Why should a person who is a middle class worker take that job?
Yes, FAR more targeted IMO.Its a problem for sure, and not one that I will try and excuse. The expanded benefits should have been more targeted. However, this isnt a "liberalism" issue...Im sure there are plenty of people who want to go back to work that can't and are in desperate need of assistance
The question is what is the description of desperate need of assistance. If people worked and were laid off they remain marketable for a set period time. There are jobs out there for these people but they have to applyIts a problem for sure, and not one that I will try and excuse. The expanded benefits should have been more targeted. However, this isnt a "liberalism" issue...Im sure there are plenty of people who want to go back to work that can't and are in desperate need of assistance
My brother is this to a T. Inherited my fathers business after a decade of being an unreliable employee and now he has a disdain for lazy poor people.most times the folks who insist like this inherited a family business or home. They have it cushy but believe they "work hard" and that others are bums. I have seen this my whole life.
Thriving??? Define thriving? You don't seem to get it, a returning job isn't a thriving economy, it is an improving one. A returning job isn't a new job created either thus not a new taxpayer. You seem desperate to praise Biden but the results don't support that praise. Governors reopening their states is going to impact economic activity not create new growth or new activity. The target is 159 million jobs and 600 billion dollars in GDP Consumer spending/consumption for those are what Trump created before the Covid19 shutdownWhere was OP when the economy was thriving for the last 3 months.
Now that the economy takes a breather, he's making it sound like the end of the world.
.
My brother is this to a T. Inherited my fathers business after a decade of being an unreliable employee and now he has a disdain for lazy poor people.
It was just an example. The other example I gave speaks to itself. Believe it or not, where Im from, a RV factory job is more than enough to support a middle class lifestyle. And the factories are in desperate need for more workers. From personal experience, my family's business set up a program to relocate and house people from Chicago just to fulfill hiring demands. Again, I know that this isnt exactly a universal situation, but the fact remains that hiring demand is high
I dont know how much of an effect the expanded un-employment benefits is having on people going back to work, but I suspect that its having a larger than expected effect. At least in my area, and my hometown, businesses are hurting due to a lack of employees...they're practically begging people to come work for them. The other day, I saw an advert for a pizza place that was offering a $500 sign on bonus. A pizza place. In the more industrial parts of Indiana, where RVs are manufactured, a lot of factories are offering $5K sign on bonuses...so its not a lack of jobs, but a lack of people willing to go back to work (at least from my experiences, Im sure its not ubiquitous)
most times the folks who insist like this inherited a family business or home. They have it cushy but believe they "work hard" and that others are bums. I have seen this my whole life.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?