• LeninsRage [he/him]
    ·
    3 years ago

    Since this has also risen to the top like the other one I'll echo my post from there that this is 1000% coping and guessing because the same advisers and lobbying groups definitely told Biden "if you end UI bonuses and eviction moratoriums it'll discipline the labor market back to normalcy" and surprise surprise it changed absolutely nothing because 700,000 people have died of the plague, inflation is increasing, and real wages haven't meaningfully increased.

    They're desperate and lying to cover their asses because they don't have any actual answers.

    • NaturalsNotInIt [any]
      ·
      3 years ago

      The number one thing keeping people out of the labor force is the cost of childcare. The number of people working is about 1-2 million less than it was pre-Covid, and that basically adds up to "women with young kids. realizing that they were working for $2/hr net after the cost of daycare", plus some Boomers retiring early due to big stock gains plus disease fears.

      • LeninsRage [he/him]
        ·
        3 years ago

        Yeah I was thinking about that this morning. Not just the dead - those disabled but not killed by the disease, those who decided to retire because of it, those who went into independent work such as from home, etc. Like the supply chain woes its a thousand little cuts across the globe that have added up, and time will not fix it in the short term.