I mentioned recently some of the personal experiences that my staffers and I have had concerning the difficulty of finding people to do work when they can make more money by staying on extended, enhanced unemployment payments. The Epoch Times has more on what is becoming a serious obstacle to the economy getting back up to speed.
With all that restaurant owners have to worry about these days, a survey last month surprisingly found that 57% of them ranked recruiting and retaining workers as their #1 challenge. Think about that: we’re hearing about the problem of Americans being unemployed, yet employers can’t find people to work because they’re making more money on unemployment. And some Democrats are pushing to make the expanded unemployment payments permanent. Meanwhile, one Florida McDonald’s is so desperate for workers, they offered $50 to people just to fill out an application.
Incidentally, if you think this doesn’t affect you, here are just a few ways that it does: Government paying people to stay on unemployment reduces productivity while running up debt. It’s making it harder for the economy to get back up to speed, which harms everyone (and not just because you can’t find a restaurant that has enough staff to open or to serve you efficiently.) And if you do find a restaurant, brace yourself for the higher prices. In fact, brace yourself for higher prices on everything.
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