The slow return of workers is causing headaches for the Biden administration, which was counting on a strong economic rebound to give momentum to its political agenda.
Instead, economists point to a complex, overlapping web of factors, many of which could be slow to reverse. So Eager, 25, is looking for work. She has applied for dozens of jobs and had a handful of interviews, so far without luck. But she is taking her time. Eager said she is still worried about catching COVID-19; she would prefer to work remotely, and if she does end up taking an in-person job, she wants it to be worth the risk. And she does not want another job with low pay, little flexibility and no benefits.
“My financial situation is OK, and I think that is 99% of the reason that I can be choosy about my job prospects,” she said. Liz Kelly-Campanale left her job as a winemaker last year to care for her two children in Portland, Oregon. She thought about going back to work when schools resumed in-person instruction this fall. But the delta variant upended those plans.
Economists worry that if the pandemic leads many people to opt out of the workforce, it could have long-term consequences for economic growth. Rising labor force participation, particularly among women, was a major driver of the strong gains in income and production after World War II. Many economists argue that the reversal of that trend in recent decades has hurt economic growth.
“They’re making a lot of profits in part because they’re saving on labor costs, and the question is, how long can that go on?” said Julia Pollak, chief economist for the employment site ZipRecruiter.
I wish I could find a job. My last few jobs, the police had me fired from
That's odd. I thought Biden created more jobs in his first 10 months than any POTUS in history. 🤡😂🙃
To be expected. Democrats destroy everything they touch
Who’s paying the bills for these millions of people?
While those who are still and have been working do what? Take care of the millions who chose to 'just not work'?
It is the real harsh time for people who have not raised money.
Brieforprez
$14/hr that wouldn't even buy a meal for a family of 4 at Portillos🤦♂️
“It’s just a pause. We’ll just pause the economy for 15 days and then we’ll unpause it. Just like Netflix!” -The people who lead America
That's what happens why you play fear mongering BS 24/7, then have the Feds PAY PEOPLE TO BE FOCKING LAZY!
Let’s Go Brandon!
CRAZY...
Build back better milandjurka
Huh 🤔 that’s not what Jenn Psaki said …
Building BAck Better is working!
But Biden told me he created jobs
JedediahBila Their hoping Democrats pass the bill for more free money.
JedediahBila Wonder what will happen when the COVID employment mandates fully kick in & millions more workers leave the workplace because they won't get vaxxed?
Central planning ftw! When gulags?
Horrible.
Maybe that covid count thing did not work...maybe they all died....
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