Monday, September 6, 2021

In Biden’s America, It’s Better Not To Be Employed; Report: Record Share of U.S. Small Businesses Have Unfilled Positions, and other C-Virus related stories

Bloomberg via Getty Images
In Biden’s America, it’s better not to be employed:
The latest jobs report for August was disappointing. Job growth fell by more than half and was one-third of expectations. This was partly because of COVID concerns.
But we still don’t have nearly enough adult Americans in the work force. Why? Government welfare policies are clearly keeping Americans — millions — from taking jobs.
Here is what we know: Across the country, there are between 5 million and 6 million unemployed Americans, but also an all-time record 10.1 million job openings. These are in construction, warehousing, retail, manufacturing, trucking, business services and so on. These aren’t “dead end” or even minimum-wage jobs in most cases. Open factory and truck driver jobs pay $50,000 to $100,000 a year with benefits.
But economist Casey Mulligan of the University of Chicago has found that when counting all government benefits, a family of four in high welfare-benefit states like New York and Connecticut and with two unemployed parents can receive up to $100,000 in cash, food stamps, etc. --->READ MORE HERE
Drew Angerer/Getty Images
Report: Record Share of U.S. Small Businesses Have Unfilled Positions:
A “record share” of U.S. small businesses had unfilled positions in August, Bloomberg News reported on Thursday.
According to the report, which cited National Federation of Independent Business (NFIB) data, 50 percent of firms had job openings that could not be filled last month, which was “up 1 percentage point from July and the largest share in monthly data back to 1986.”
A “record” number of small-business owners — 41 percent — also said they raised pay.
“Owners are raising compensation in an attempt to attract workers and these costs are being passed on to consumers through price hikes for goods and services, creating inflation pressures,” Bill Dunkelberg, NFIB’s chief economist, said in a statement to Bloomberg News. --->READ MORE HERE
Follow links below to related stories and resources:

Lessons from coronavirus have boosted public hygiene

Study: Long COVID in Children Much Less Dangerous, Widespread Than Previously Feared

USA TODAY: Coronavirus Updates

WSJ: Coronavirus Live Updates

YAHOO NEWS: Coronavirus Live Updates

NEW YORK POST: Coronavirus The Latest

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