Comments by "gary K" (@garyK.45ACP) on "'I've Never Seen A Situation Like This': Jim Jordan Questions Powell Over Enhanced Unemployment" video.
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In my opinion, the whole Unemployment benefit thing is being blown up and used by people who have crappy jobs and low wages to offer.
When everyone was FORCED out of work last year, and everyone got $600/wk EXTRA unemployment, a LOT of those people in crappy jobs...retail, restaurant, etc., used the time and money to educate themselves or start small businesses of their own to replace the crappy jobs.
I know, personally, three people who were laid off last year. One became a phlebotomist, one became an electrician and one of them bought a stump grinder and is now making $600-900 day with his machine. They are NEVER going back to retail/restaurant work. Do you think they are alone? I live in Florida. Our unemployment rate is almost as low as it was pre-pandemic...and the cruise industry hasn't reopened yet (soon) and the theme parks only last week went back to full capacity. People ARE working. People are NOT collecting unemployment much more than they were in 2019. There IS NO huge pool of workers that are just "too lazy" to work. If there were, why would any business want to hire them? This is a result of changes people were forced into and adapting to them.
Covid is going to make HUGE, permanent, changes in the workforce...and travel industry...and commercial real estate. My son was doing "telecommuting" throughout the pandemic, he works for a large IT corporation. He has been informed he will continue to work from home and can live anywhere he has a high speed internet connection! He is going to take his big city salary and move to a low cost state to live. His company will be vacating 10s of thousands of sq. ft. of leased office space. He will no longer be traveling around the country for meetings...everyone got "used to" Zoom meetings.
The industries and employers are going to have to adapt, and compete, or go out of business.
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