Comments by "gary K" (@garyK.45ACP) on "States are ending federal extended unemployment benefits" video.
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I do not expect this to work. They will end the federal benefits and STILL not have a low wage work force.
Millions of those employees ARE working, but they are not going back to low wage jobs where they get laid off on the whims of unelected "scientists".
I personally know three people who were laid off from retail work when their employers were forced to close. They were determined to be "non essential" businesses. While collecting the $600/wk unemployment last year.
One became a phlebotomist and is now working in a hospital making far more money than retail, with full benefits. (she reports her phlebotomist training course was filled with former retail and restaurant workers looking to make sure they never went back to that work)
One completed his education as an electrician, got an electricians' license and is now making triple what he did in retail with full benefits.
Another used the money he got from unemployment, bought a stump grinding machine and is busy as many days a week as he wants to work, making $400- $900 day. And this is Florida, he can work year 'round.
They are NEVER going to go back to low wage retail work. Many workers over age 62 just took early retirement.
Florida already has low unemployment... 4.6%, even though several major Florida industries are still not at full capacity. To imagine that there is a vast pool of low wage workers waiting to go back to low wage jobs that can be ended the next time Dr. Fauci says so is ridiculous.
Many of the workers still unemployed are people who made $40,000+ pre-pandemic. They are still seeking work in their areas of training. What do they want to do...force mid level managers into restaurant work? Who will that benefit?
The trades, medical technician fields and new small businesses are skyrocketing. This pandemic FORCED a lot of people to reconsider their careers and gave them the opportunity, and money, they needed to improve themselves. They are never going back.
They aren't lazy. Neither are they stupid.
Some of the low wage jobs will get filled by seasonal college students out for the summer...as they always have. But there is going to be a net change in the labor market...not to mention commercial real estate and business travel. Businesses were FORCED to telework and found out it works! Zoom calls will, forever, replace a lot of business travel. Employers are going to downsize office space. Employees are going to take their NYC and LA salaries and telework from South Carolina, Arizona or Montana. There will be vacant office buildings in NYC and LA and Chicago.
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