US Jobs April 2021 (bIdEn rEmOrSe)

[ceizer1985]

It depends on several variables.


So let’s say they have been full time employed for a year prior to Covid.


$665-$680 a week


Then let’s say do you have a family medical insurance premium of $250 a month - it goes to cobra at $500 a month- but you pay zero with the stimulus bill paying 100% cobra


So now you at $665, in addition to no longer having to pay for medical insurance.

And the first $10,200 is tax free- so you save in taxes- as well as ensure your income is low enough to maximize eitc

Then you add snap benefits.


And starting in July eitc will be the monthly $250-$300 a kid payment in addition to all above.


And this also sets you up for a fat “refund” next year -big eitc



Now if you don’t have kids or medical insurance it’s less- but still $665 tax free a week


$680x4=$2720+ med ins payment + snap + not paying taxes

That's still only 32k a year. probably below the poverty line.

either way, Biden is clear eyed. Jabs in arms followed by reopening.

which means the gig will be up sooner than later anyways.

[gachase21]

That's still only 32k a year. probably below the poverty line.

either way, Biden is clear eyed. Jabs in arms followed by reopening.

which means the gig will be up sooner than later anyways.

The unemployment doesn’t end until September 6.

If they don’t extend it.


The eitc payments will go 6 month - then the lump sum refund one- and Biden‘s family pan he proposed extending it till 2025.

How much would you have to make to bring home the same amount as tax free unemployment, not paying medical insurance, plus snap?


Hint- it’s a lot more than 32k.

Plus you have to have to actually work- so even at a net even why would you?

A high percentage of people are making more on unemployment than they did working.


The service industry is in shambles right now because of this- as well it is causing supply chain issues

[JoshSP1985]

Okay, so why do we need this massive "stimulus" and all of these additional unemployment benefits?

We don't we need to let people go to work and stop paying them to stay home

[NitrogenWidget]

Aww, that is cute. The Mod repped their Mod alt.

a couple of alt accounts turned green from last night.
reps off recharge.
lol!

[Dave22reborn]

Wbat excuse can someone possibly have for being unemployed since last year March?

[saltypits]

Wbat excuse can someone possibly have for being unemployed since last year March?

Unemployment pays great!

[ceizer1985]

The unemployment doesn’t end until September 6.

If they don’t extend it.


The eitc payments will go 6 month - then the lump sum refund one- and Biden‘s family pan he proposed extending it till 2025.

How much would you have to make to bring home the same amount as tax free unemployment, not paying medical insurance, plus snap?


Hint- it’s a lot more than 32k.

Plus you have to have to actually work- so even at a net even why would you?

A high percentage of people are making more on unemployment than they did working.


The service industry is in shambles right now because of this- as well it is causing supply chain issues

Unemployment benefits keeping people home is a myth. Ppl want to come back as soon as it is deemed safe.

From April jobs report:

"The service-providing sector accounted for the majority of the jobs added in April, gaining 636,000 jobs, including 104,000 in professional and business services such as accounting and tax preparation, 11,000 in financial activities like banking, and 237,000 in leisure and hospitality."

i'm sure some are lazy as f and won't get off the couch until the very end. Most want to get back out there and are already doing it.

[fitnessislife]

Wait, they're STILL trying to peddle the fiction that people returning to their original jobs somehow equals jobs created for this train-wreck of an "administration"?

[clivesbigbiceps]

I am a lifelong Republican and I am not afraid to say it: Thank you, President Biden.

[gun-G]

Unemployment benefits keeping people home is a myth.

i'm sure some are lazy as f and won't get off their beach chair until the very end.

That's what I thought

[MirinCanadian99]

IMO, we don't.

But lettuce be honest; a new massive stimulus is no different than the only thing Bankruptcy Don did to help the economy. It's just that Biden is giving the money to the people while Elitist Corporate Don gave it all to rich people and corporations.


But you drumphies, who didn't mind deficit-funded stimulus under Drumpfh are suddenly upset about it. Weird.

Trump only started pumping the economy full of stimulus money when the Dem's forced him to do so because of Covid restrictions and a dying economy. Plus let's not forget the money that was going to Pakistan that the Dems decided to add . Yes, yes for the people alright

Edit: Trump only started doing the whole stimulus thing in 2019.

[MMeadows11]

Trump only started pumping the economy full of stimulus money when the Dem's forced him to do so because of Covid restrictions and a dying economy. Plus let's not forget the money that was going to Pakistan that the Dems decided to add . Yes, yes for the people alright

Edit: Trump only started doing the whole stimulus thing in 2019.

Son, you should stick to.....well, I don't really know, but something that doesn't require you to fukng know anything.

Below is the table of fiscal deficits by year. It shows that, despite inheriting a pretty strong economy, Deficit Don increased the deficit and the debt every year, with a deficit of nearly $1.1 TRILLION before covid even hit.

Obama set the 2017 budget in 2016, so he effectively left Deficit Don a $665 billion deficit, which Bankruptcy Don nearly DOUBLED in just 3 short years!!! Then, of course, covid-19 happened and impacted the 2021 deficit.

HOOOOOOOOO LEEEEEEEEEEEEE FUUUUUUUUUKK, Trump is a miserable deficit spender!! What a worthless fukn leech!!!


Also; you should learn WTF you are talking about before you babble. Read some stuff or something, maybe. The chit you said was so ignorant that you ought to be embarrassed. Srs.



Year_____ Deficit__as % of GDP_____events
2017_____$665_____3.4%_______Trump Tax Act
2018_____$779_____4.6%_______Government shutdown
2020_____$1,083____4.8%______Budget before COVID-19
2020C____$3,700____17.9%_____With COVID-19 impact

(in billions)


https://www.thebalance.com/us-deficit-by-year-3306306

[GreatOldOne]

No brakes on the Biden train.

[Travis99]

Yet op is still on welfare.

[gachase21]

Unemployment benefits keeping people home is a myth. Ppl want to come back as soon as it is deemed safe.

From April jobs report:

"The service-providing sector accounted for the majority of the jobs added in April, gaining 636,000 jobs, including 104,000 in professional and business services such as accounting and tax preparation, 11,000 in financial activities like banking, and 237,000 in leisure and hospitality."

i'm sure some are lazy as f and won't get off the couch until the very end. Most want to get back out there and are already doing it.

You can play the weak numbers added around all you want - The simple fact is we are a little over 8 million short on employees right now from the pre-covid height.


The most basic simple way to look at this - without being distorted from skews- is look at the previous percent employment population as I previously posted.



When you look at the relative participation rates if you choose to it’s still not pretty-

Prime age....






And the participation rate is even distorted because it’s counting people as participants cause they claim they’re still looking for labor when in fact they’re doing so just to continue getting their unemployment benefit- they are not actually looking- say they applied to check the monthly or weekly box. The reality participation rate is much lower.




And it’s a myth eh?

From a guy who was living this in real life business day to day I found that absolutely laughable.


Just quick google search.....











Was hilarious- read a huf post article today trying to say it has nothing to do with unemployment benefit- from economic experts in academia

Showed it to business leaders and colleagues and the trenched right now -it is laughable.

If they think that isn’t the problem - we could pay the 1 million dollars just to stop it from happening - because employees daily tell us they love us but leave every day because they feel like - unemployment benefit it’s too big to walk away from.

We call ones in it to come back weekly - offering in some cases more than the unemployment money - even double prior salary - nada



It’s a mess

[gachase21]

Here is another search set where some are even closing because of it...


Many are closing shifts or scaling back hours open also

[ceizer1985]

You can play the weak numbers added around all you want - The simple fact is we are a little over 8 million short on employees right now from the pre-covid height.


The most basic simple way to look at this - without being distorted from skews- is look at the previous percent employment population as I previously posted.



When you look at the relative participation rates if you choose to it’s still not pretty-

Prime age....




And the participation rate is even distorted because it’s counting people as participants cause they claim they’re still looking for labor when in fact they’re doing so just to continue getting their unemployment benefit- they are not actually looking- say they applied to check the monthly or weekly box. The reality participation rate is much lower.


And it’s a myth eh?

From a guy who was living this in real life business day to day I found that absolutely laughable.


Was hilarious- read a huf post article today trying to say it has nothing to do with unemployment benefit- from economic experts in academia

Showed it to business leaders and colleagues and the trenched right now -it is laughable.

If they think that isn’t the problem - we could pay the 1 million dollars just to stop it from happening - because employees daily tell us they love us but leave every day because they feel like - unemployment benefit it’s too big to walk away from.

We call ones in it to come back weekly - offering in some cases more than the unemployment money - even double prior salary - nada


It’s a mess

You're not the only one here involved with a small business.

Some of your gripes are real but the reality is that most people will come back when they feel it's safe for them to do so. Some will stay on unemployment to the very end. But don't try to claim that they're all mopping around at home doing nothing. Half a mil came back just in April.

we're not going to make up the 8 million gap in a month but it'll be made up and then you can all go back to complaining about Uber stealing your workforce again.

[ceizer1985]

case in point.

New jobless claims fell to a fresh pandemic-era low of 498,000 last week

https://finance.yahoo.com/news/weekl...181819635.html

[PenorBrahNoHomo]

case in point.

New jobless claims fell to a fresh pandemic-era low of 498,000 last week

https://finance.yahoo.com/news/weekl...181819635.html

That's because various states have unemployment backlogs due to 'glitches' with their unemployment systems or transitioning to new systems, meaning the reported numbers are artificially low. Just Google 'unemployment backlog' and you'll see what I mean, although of course you'll still deny it.

[gachase21]

case in point.

New jobless claims fell to a fresh pandemic-era low of 498,000 last week

https://finance.yahoo.com/news/weekl...181819635.html

Repeat breakdown

-more than 16 million Americans still receiving continual unemployment benefits

-12 million Americans on the federal Pandemic Unemployment Assistance and Pandemic Emergency Unemployment Compensation program,

-U.S. economy is still more than 8 million jobs short of its pre-pandemic levels from February 2020.



And we are pretending to be happy because the pool is so full now pretty much everyone has applied- yeah they won’t go get jobs - in which many are paying almost double what they previously made - because it’s less money that’s just not working.

Perhaps they new claims are filled because so many are already on the system?

Continue claims alone 1,770,000 February pre-pandemic 3,653,000 now.


There is 0 reason for that - and the extended unnecessary duration of the program is causing many small and medium size businesses undue hardship to re-emerge from supply chain issues, related to a lack of workers, alone.


We have made a chaotic mess for no reason.

[ceizer1985]

Repeat breakdown

-more than 16 million Americans still receiving continual unemployment benefits

-12 million Americans on the federal Pandemic Unemployment Assistance and Pandemic Emergency Unemployment Compensation program,

-U.S. economy is still more than 8 million jobs short of its pre-pandemic levels from February 2020.



And we are pretending to be happy because the pool is so full now pretty much everyone has applied- yeah they won’t go get jobs - in which many are paying almost double what they previously made - because it’s less money that’s just not working.

Perhaps they new claims are filled because so many are already on the system?

Continue claims alone 1,770,000 February pre-pandemic 3,653,000 now.


There is 0 reason for that - and the extended unnecessary duration of the program is causing many small and medium size businesses undue hardship to re-emerge from supply chain issues, related to a lack of workers, alone.


We have made a chaotic mess for no reason.

Once again...we are at the beginning of the end. The economic situation is improving and will continue to improve.

it's easy to monday morning qb this thing today. but the realty is that everyone around the world approached the virus the same exact way...sending people home and shutting things down until a vaccine was developed.

hopefully you're not part of the "if people die, they die" crowd because that would be idiotic.

[ceizer1985]

That's because various states have unemployment backlogs due to 'glitches' with their unemployment systems or transitioning to new systems, meaning the reported numbers are artificially low. Just Google 'unemployment backlog' and you'll see what I mean, although of course you'll still deny it.

are you saying that these numbers will increase once the glitches are resolved?

because your friend is arguing the exact opposite below you.

[gachase21]

Tax refunds on $10,200 of unemployment benefits start in May. Here’s who’ll get them first

https://www.cnbc.com/2021/05/03/tax-...n-may-irs.html


You don’t suppose that will entice people to remain on continual unemployment for another tax few year -

Or entice some that have re-enter the workforce - when they get the check and realize the tax advantage- Will go back on unemployment....




No - I’m sure people will just rush to go through all those open job positions nobody is filling.

[ceizer1985]

https://www.cnbc.com/2021/05/03/tax-...n-may-irs.html


You don’t suppose that will entice people to remain on continual unemployment for another tax few year -

Or entice some that have re-enter the workforce - when they get the check and realize the tax advantage- Will go back on unemployment....




No - I’m sure people will just rush to go through all those open job positions nobody is filling.

these are low income people so let's assume their tax rate is 20%. or that they paid an extra 2000 when they shouldn't have.

if 2000 is enough to keep people at home. maybe the problem isn't the 2000, it's about earning a livable wage.

[gachase21]

these are low income people .

Are they all now?

Truckers make 70- 95 k a year easy

Yet I’m, any many other business are, out of certain supplies at half my stores on a regular basis now, due to a complete breakdown and transportation supply chains from lack of truckers.



Heck this summer what we can expect -

Coming this summer: Gas stations running out of gas


By Chris Isidore, CNN Business
Updated 3:44 PM ET, Tue April 27, 2021

Why?

Oils shortage? No
Biden energy policies? No
Pipeline burst? No

Not that there's a looming shortage of crude oil or gasoline. Rather, it's the tanker truck drivers needed to deliver the gas to stations who are in short supply.
According to the National Tank Truck Carriers, the industry's trade group, somewhere between 20% to 25% of tank trucks in the fleet are parked heading into this summer due to a paucity of qualified drivers. At this point in 2019, only 10% of trucks were sitting idle for that reason.

"We've been dealing with a driver shortage for a while, but the pandemic took that issue and metastasized it," said Ryan Streblow, the executive vice president of the NTTC. "It certainly has grown exponentially."

Indeed, drivers left the business a year ago when gasoline demand ground to a near halt during the early pandemic-related shutdowns.

https://www.cnn.com/2021/04/27/busin...age/index.html


Worker shortage? Yes




But they aren’t lazy- They are doing gig work for cash and still getting unemployment benefits.

They just can’t do the legit major business or hazmat work we need.- because you can’t under the table that stuff.



I like the one with they’re having to pay drivers 14,000 a week



This will certainly be inflationary causing















Meanwhile 16 million people getting paid unemployment

12 million people getting the federal extended unemployment

[waias15]

This is good news.

what is bad news is having jalen hurts and joe flacco as your quarterbacks

[gachase21]

Let’s not leave out the people unwilling to return to work in manufacturing because of extended unemployment...

[terrorgunt]

Imagine being so low IQ you think the current jobs market is related to any Biden policy. Ladies and gentlemen, the OP.

[Polaris]

Imagine being so low IQ you think the current jobs market is related to any Biden policy. Ladies and gentlemen, the OP.

He proceeds to further demonstrate that low IQ the longer this thread continues.

[ceizer1985]

He proceeds to further demonstrate that low IQ the longer this thread continues.

It's killing you traitors on the inside to see America coming back. Gonna have to deal with it i suppose.