Joe Manchin said it best: “We have 11 million jobs that we haven’t filled, 8 million people still unemployed. Something’s not matching up here.”
The West Virginia senator’s instincts are correct. Something in the labor market fundamentally changed during the pandemic. Fewer people seem willing to work. This from dailywire.com.
The National Federation of Independent Business has been conducting a monthly survey of small business owners since 1974. The August results were disconcerting.
A 48-year record high — 50% — reported job openings that could not be filled. Of those owners hiring or trying to hire, 91% reported there were few or no “qualified” applicants. A record high 29% reporting no — zero — qualified applicants.
All this despite a record high 41% reporting that they had increased compensation. As a result, another record high — 28% — identified labor quality as their top business problem.
So, what’s causing these historically bad results?
No doubt democrat policies have disincentivized honest employment.
Conservatives believe the $300 weekly federal unemployment insurance bonus that finally expired in September suppressed the labor market. That makes intuitive sense and Goldman Sachs’ economists project that ending this program “will account for 1.5 million job gains through the end of the year.” But even assuming that is true, there were 5.3 million fewer jobs in August than when the pandemic began.
Attempting to explain the dismal August jobs numbers, Joe Biden blamed the Delta variant.
But 77% of Americans over 18 have had at least one vaccine shot and 68% have had both. About 700,000 additional doses are being administered every day. Add in unvaccinated individuals with natural immunity and one analysis recently found that roughly 80% of the country already has vaccinated- or natural-immunity.
It is true there is much fear in leaving the comforts of home, breaking the self- and government-imposed isolation to resume maintaining daily employment but this is a hurdle the nation must get over.
Many experts believe the people see this and want this. And these same prognosticators also see the democrat party as a hindrance to economic rejuvenation. They also see the 2022 mid-term election and the 2024 election both being profound statements against democrat party policy.
We conservative patriot deplorables are eager for the proverbial blood bath to commence. The democrats falsely embedded themselves into the political power structure. And the ceremonial turning them out onto the street cannot come soon enough.
