@Lurker17 and I kind of went over an article that was talking about the same study.
This article is just as bad because:
1: While it indicates that the PUA and CARES payments ended, it doesn't really call attention to this.
2: That if you're getting the top of the unemployment tree, you made a lot more working.
3: That Unemployment ends after 26 weeks, and the people getting benefits now have been laid off in the last 26 weeks.
4: That chances are, you're not getting a full ACA subsidy on unemployment income, unless you're in one of the states like Mississippi. UI counts as income, and if you're making a lot on UI you're sliding down the scale of ACA subsidy.
5: It tried to draw the conclusion that because you got laid off, and are getting the 26 weeks unemployment, you aren't returning to work, and,
6: Calls unemployment "generous," which is a joke by any means. If you're in decent shape you can probably survive, but most Americans aren't in good financial shape.
The article tries to draw the conclusion that there are less workers because of the "generous" payments from the government. The people who are unemployed collecting benefits right now have been laid off within the last 26 weeks and have nothing to do with any of the payments made in 2020 and 2021. The article does go so far as to try and indicate there are other reasons for this decline in available workers, but it tried to plant the lion's share right in the lap of "All that free money, yo!" which is completely and totally wrong.
So what you're saying is the media lies?
This article is a lie by omission and "Hey look, squirrel!"
If you want a yes or no answer, then that would be "Yes."
Of course, I was being sarcastic. The media always lies.
(post is archived)