Didn't really see a thread quite about this at least a couple pages deep, so here goes: Employers Are Baffled as U.S. Benefits End and Jobs Go Begging

Emergency unemployment benefits in the U.S. expired two weeks ago, but employers who expected an increase in job applications are still largely waiting for them to roll in. 

Federal programs that had offered an extra $300 per week for jobless Americans, provided extended benefits for the long-term unemployed and gave special aid for the self-employed expired Sept. 6. Economists and companies expected a wave of interest from workers as the financial lifeline was pulled away, hoping it would provide the incentive to get back into the workplace. 

 

Seems a bit early for this kind of reporting, but similar trend in states that pulled their benefits earlier.

Defies intuition, but that's economics .. humans aren't nearly as rational as we think.

 

Honestly, in one of our companies we are seeing a flood of people coming back. But that is one company. 

Didn't certain states eliminate the additional unemployment benefits earlier than others?  I'm sure a state by state comparison isn't perfect but probably the easiest comparison to look at when it comes to employment rates vs unemployment benefits.  

I say that fully unwilling to look into the data myself because I'm tired and I don't want to.

Just now, DEagle7 said:

Didn't certain states eliminate the additional unemployment benefits earlier than others?  I'm sure a state by state comparison isn't perfect but probably the easiest comparison to look at when it comes to employment rates vs unemployment benefits.  

I say that fully unwilling to look into the data myself because I'm tired and I don't want to.

Most of the people are in NYC.  Benefits ended 9/6. 

Between Covid benefits and those who remained employed limiting their spending, personal savings levels in 2020 were stupendously high. Couple that with the pandemic basically giving many a career/job pause and some time to assess, I tend to think a lot of people who left the job market perhaps temporarily are still figuring out what they want to do. It's apparent that a large number of them don't want to go back to working in kitchens in restaurants, which I can't really blame them for; the wages weren't great, and it was an area where Covid hit a bit harder than elsewhere. 

Latest one impacting us is school bus drivers. Big shortage in a lot of districts around us. 

One company I work has been trying to hire a mid-level Network engineer for 2 years. Another keeps hiring entry level IT techs and letting them go after a month, since they either cannot deal with people, or fix computer problems.

I don't recall the last good interviewee I had.