A byproduct of the Pandemic Emergency Unemployment Compensation (“PEUC”) program is the job interview “no show”, which has become all too common across the Retail sector. The “no show” is where a job candidate skips the job interview because the candidate never intended to obtain a job. Rather, the candidate simply needed to show proof of an interview in order to qualify for PEUC compensation. This is a prime example of the moral hazard that misguided government programs breed. This phenomenon is contributing to wage inflation and muted productivity. Mark September 6th 2021 on your calendars. Should the PEUC program be extended it will be a significant negative for our debt-funded economy – further stalling the recovery rather than supporting it.

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