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Economics Correspondent Says Few People Opt For Unemployment Over Work
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Economics Correspondent Says Few People Opt For Unemployment Over Work
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Sesame Street comes to mind.
A skills mismatch between the workers who need jobs and the job openings themselves isn’t unusual. But many of today’s available jobs don’t require advanced education.
More Than a Paycheck
Another explanation, popular with investors and politicians, is that enhanced unemployment benefits discourage work. Many workers can make more by staying home than they would from a job.
That kind of makes sense but in my experience, most folks
want to support themselves and their families. Moreover, a job is more than a paycheck. It’s important to our self-image and social relations. That’s one reason unemployment is so devastating.
Opinion | No, the economic recovery is not a bust — yet
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