Home Featured Over 7,000,000 American Slackers Refuse to Work

Over 7,000,000 American Slackers Refuse to Work

by Paul Ebeling

#American #slackers #work

Today’s slackers ideals have been erased by free money, ease, routine, dope and sensuality” –Pau Ebeling

The generous unemployment benefits in the US have prevented over 7-M people from accepting a job offer, according to a recent Morning Consult poll.

The wk before the poll was conducted, the week ending 19 June, there were 14.1 million adults who received unemployment benefits, which is the most recent estimated total of recipients from both the state and federal programs.

The poll shows that the generous unemployment insurance benefits from the government have greatly reduced the number of job offers accepted by an estimated 7,050,000 million throughout the course of the Chinese coronavirus pandemic.

Only 50% have said they turned down a job because of the need to take care of children, family members, coronavirus, or health reasons.

The other 50% said they turned down a job because the offer was unattractive to them economically, like not enough or too many hours of work, did not allow remote work, and not the desired industry.

That is exactly what high levels of benefits were predicted would happen, reflecting a disincentive to accept work created by the extra benefits.

Typically, those on unemployment are not allowed to turn down suitable jobs and keep their benefits. As the Wall Street Journal explained, typically, “quitting a job or refusing a job offer disqualifies a person from receiving unemployment benefits.”

If you refuse a job or don’t show up when called back to work, the employer is supposed to report that to the state unemployment agency, which can end your benefits,” the report added.

Not being allowed to work remotely would not typically qualify as making a job not suitable.

Many states suspended rules requiring employees to search for jobs during the pandemic. What’s more, the agencies administering unemployment benefits have been overwhelmed by the extraordinary amount of applications during the VirusCasedemic that many have effectively ceased or slowed down enforcement of rules requiring beneficiaries to accept work.

By the end of July, there will be a total of 24 states that will have phased out the extra benefits.

Have a prosperous day, Keep the Faith!

You may also like

logo-white

Your Trusted Source for Capital Markets & Related News

© 2024 LiveTradingNews.com – For The Traders, By The Traders – All Right Reserved.

The information contained on this website shall not be construed as (i) an offer to purchase or sell, or the solicitation of an offer to purchase or sell, any securities or services, (ii) investment, legal, business or tax advice or an offer to provide such advice, or (iii) a basis for making any investment decision. An offering may only be made upon a qualified investor’s receipt not via this website of formal materials from the Knightsbridge an offering memorandum and subscription documentation (“offering materials”). In the case of any inconsistency between the information on this website and any such offering materials, the offering materials shall control. Securities shall not be offered or sold in any jurisdiction in which such offer or sale would be unlawful unless the requirements of the applicable laws of such jurisdiction have been satisfied. Any decision to invest in securities must be based solely upon the information set forth in the applicable offering materials, which should be read carefully by qualified investors prior to investing. An investment with Knightsbridge is not suitable or desirable for all investors; investors may lose all or a portion of the capital invested. Investors may be required to bear the financial risks of an investment for an indefinite period of time. Qualified investors are urged to consult with their own legal, financial and tax advisors before making any investment. Knightsbridge is a private investment firm that offers investment services to Qualified Investors, Members and Institutions ONLY. Qualified Investors are defined as individuals who have met those Qualifications in the relevant jurisdictions. Members are defined as individuals who have been accepted into the Knightsbridge membership program. Institutions are defined as entities such as banks, pension funds, and hedge funds. If you are not a Qualified Investor, Member or Institution, you are not eligible to invest with Knightsbridge. All investments involve risk, and there is no guarantee of profit. You may lose some or all of your investment. Past performance is not indicative of future results. Knightsbridge is not a registered investment advisor, and this disclaimer should not be construed as investment advice. Please consult with a qualified financial advisor before making any investment decisions. By accessing this website, you agree to the terms of this disclaimer. Thank you for your interest in Knightsbridge.