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IBJ: can you have your resident clown Sheila Kennedy reconcile this article with her most recent column?
Excellent comment, Chuck W. Spot-on: AMEN
What is the break down of wages that these jobs pay? The people who disagree that the unemployment aid is keeping people from going back to work are saying the available jobs don’t pay enough. I don’t think that is true. Am curious if we know how much the available jobs pay? Are these all minimum wage or $10/hr jobs? Or are these higher paying jobs?
$10/hour is still god-awful.
It’s worth checking out the comments from Nobel-winning economist Paul Krugman (many here would dismiss him because he is liberal, but he has exceptional credentials and track record as an economist). According to Krugman, the latest job report showed “big job gains in low-wage sectors like leisure and hospitality, job losses in high-wage sectors like professional services.” As he correctly pointed out, if generous jobless benefits were holding back hiring, we’d see exactly the opposite dynamic from what the stats are showing. Cheapskate employers and right-wing politicians can blame jobless benefits all they want, but the numbers don’t bear that out.
Let me get this straight, Steve K., you actually believe that people will choose work over staying home and making more money on unemployment? You actually believe that?