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Simple math about businesses reopening: many workers should stay home through end of July.
In Georgia, unemployment benefits are $365 + $600 / week and money is flowing
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Businesses can do math, too. https://www.nytimes.com/interactive/2020/04/23/business/economy/unemployment-benefits-stimulus-coronavirus.html">https://www.nytimes.com/interacti...
In Georgia, unemployment benefits are $365 + $600 / week and money is flowing
Businesses can do math, too. https://www.nytimes.com/interactive/2020/04/23/business/economy/unemployment-benefits-stimulus-coronavirus.html">https://www.nytimes.com/interacti...
Unless your job at a restaurant, gym, or beauty parlor makes more than $50K/year, you make more money on unemployment. Many will easily make 2x.
Really not fair to e.g. grocery employees who will make less than unemployed workers.
Really not fair to e.g. grocery employees who will make less than unemployed workers.
Restaurant workers who receive tips are getting $1000/week unemployment in Georgia.
There is zero reason any of them should go back to work for restaurants and work for tips especially when foot traffic will be so low.
$25/hour is going rate for labor.
There is zero reason any of them should go back to work for restaurants and work for tips especially when foot traffic will be so low.
$25/hour is going rate for labor.
And, that was the point of the CARES Act.
Pay people to stay home from work.
1 in 6 Americans have lost their jobs.
The incentive for workers to remain at home will end in July.
The labor market is going to get really weird.
Pay people to stay home from work.
1 in 6 Americans have lost their jobs.
The incentive for workers to remain at home will end in July.
The labor market is going to get really weird.
