Sunday, May 09, 2021

Americans getting more in benefits than they were in wages is stopping economic recovery | Daily Mail Online

Americans getting more in benefits than they were in wages is stopping economic recovery | Daily Mail Online
It pays not to work in Biden's America: Experts project anyone who earned $32,000 before COVID could now earn MORE in benefits staying at home
  • The average weekly unemployment benefit is now $638 - $300 more than what it was 2019 
  • That means people are earning around $16-an-hour - more than double minimum wage which is at least $7.25 across America 
  • It is creating a nightmare scenario for the economy; businesses are desperate to recover from the pandemic but they can't fill their jobs
  • It is forcing business owners to pay higher wages to attract workers, after a devastating year when they were financially knee-capped...Read all.

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