Tag: Unemployment benefits

Labor Participation Outlook: June 2021<span class="badge-status" style="background:red">Premium</span> 

Labor Participation Outlook: June 2021Premium 

The U.S. Bureau of Labor Statistics ("BLS"), publishes the Labor Participation Rate each month. The Labor Participation Rate accurately reflects the state of labor in the United States. The same government agency also publishes the Unemployment Rate each month (due Friday June 4th). We view the latter as a Government marketing metric as it significantly … Continue reading Labor Participation Outlook: June 2021Premium 

Federal Unemployment  Benefits Will Be Extended In September

Federal Unemployment Benefits Will Be Extended In September

We doubled down on our bet that Federal unemployment benefits will be extended beyond September 6th after listening to Joe Biden tell us that the sky is not blue. The longer these enhanced Federal unemployment benefits remain in force the longer the Labor Participation Rate will remain below 2019 levels. This will continue to impact … Continue reading Federal Unemployment Benefits Will Be Extended In September

Workers Choose To Collect Federal Unemployment Benefits Rather Than Work

Workers Choose To Collect Federal Unemployment Benefits Rather Than Work

Low wage services jobs are difficult to fill as we recently wrote (we continue to collect anecdotal data that supports our prior writing). Workers are choosing to stay home and collect Federal unemployment benefits rather than be productive. The moral hazard we warned of months ago is here. Should Biden and The Fed choose to … Continue reading Workers Choose To Collect Federal Unemployment Benefits Rather Than Work

Federal Transfer Payments To Americans Don’t Equal Economic Strength

Federal Transfer Payments To Americans Don’t Equal Economic Strength

Personal Income is on the rise not because U.S. Productivity is increasing, but because the Federal Government decided it was a good idea to print Dollars and distribute them to Americans. This does not make for a sustainably strong economy. Many of these new pandemic "entitlements" (i.e. welfare) are not going away. Mid-term elections are … Continue reading Federal Transfer Payments To Americans Don’t Equal Economic Strength