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Of course not all of them but some did. Apps like robinhood (which sucks by the way), webull, coinbase, uniswap, etc., made it very easy for everyday people to make money. Like you could have put $100 into some coins back in January 2021 and could have turned that into $20k+ during mid-May before this current bear trap by just holding. Why go back to making tacos or cleaning restrooms for $13 an hour when you can make money this easily while living on unemployment? It's why Elon Musk is being memed so hard by the media because he's being used to introduce more crypto regulations that when compared to those on stocks is pretty unfair.
Yep. My nephew is this. Had a lowly $15/hr job to get through college and left during covid. Wasn't worth the risk vs reward. Ended up making $$$$ on crypto and a few choice stocks. He made in 18 months what would have taken him years at his job. He has no plans to go back to that wage type of work. Employers are naively clueless about the current state of affairs their potential labor pool is in.
The employers are just as picky about who they hire as they ever were. Around here businesses were getting hundreds of applications per job opening but still complaining that they couldn't find employees.
I heard there are a lot of cheap tippers down in Florida (senior citizens). If you don't tip well, don't complain if there are no wait staff in you favorite restaurant.
LMAO. Another priceless allegation.
Who’s complaining? Florida isn’t a whiny lib state and DeSantis canceled the free stuff.
I have a neighbor who has to be taking the extra unemployment and child care tax credits and whatever else because she hasn't gone back to doing hair despite TX opening back up, and the vaccine becoming widely available didn't change that either.
I have a feeling that around the time (end of June) Abbott ends the extra payments she will have a sudden interest in doing hair again.
It is not just restaurant workers, it's anyone who can get away with it. Another neighbor I know well enough to know exactly what she did, she was straight up taking a break. A paid vaca, but 300/week extra was nothing compared to her earning potential so she went back to work months ago.
If the 600/week had continued she might have stayed on paid vaca.
I don't blame her. Her husband died from COVID, she almost died from COVID, she had a lot of healing to do and in this country we don't give people paid grieving your young husband's death PTO or help widows get back on their feet very well.
Not to mention, what are we talking about here? Right before the pandemic the number of job openings was about 5 million. During normal times that number would average around 6 million. There are 165 million people in the workforce. We're talking about a little over 1% difference on the aggregate. It's a mountain out of a molehill but fun for people to be overly critical of it. The restaurant industry is a small portion of the overall workforce. Clearly people have gone back to work in droves, as evidenced by the U3 and U6 numbers. I don't doubt many left the industry You're not going to just sit around when you aren't getting replacement wages (and that hasn't been the case since August). People still have bills to pay and despite the nonsense you read on-line, the eviction moratorium did not allow people not to pay rent on anything they owed (even if they were late on rent). I had a couple of tenants find that out the hard way when they moved out being past due on their rent (not to mention they didn't give a proper 30 days notice). They thought they would get back their whole security deposit and they didn't. I also suspect you may have had some early retirement from germaphobes who don't want to be around the public.
so we should already do away with the additional benefits, and end the eviction moratorium, and expect all those evictees to pay their back rent. Cancel any changes/increases to child tax credits. Any other "economic help during pandemic" measure still in place.
Florida is an interesting case. Are you seeing shortages of food service workers there? If you live there, of course. I’m not sure where Cranberry Township is, but given your username is Erieguy, perhaps you are from farther north.
There’s a shortage of workers everywhere. DeSantis just recently canceled the free stuff so certainly expect folks back to work if they want to pay their bills.
I have 2 residences, and erieguy was the name of a boat.
Yep. My nephew is this. Had a lowly $15/hr job to get through college and left during covid. Wasn't worth the risk vs reward. Ended up making $$$$ on crypto and a few choice stocks. He made in 18 months what would have taken him years at his job. He has no plans to go back to that wage type of work. Employers are naively clueless about the current state of affairs their potential labor pool is in.
how much money did he start with that made so much that his career job will take years to equal?
Not to mention, what are we talking about here? Right before the pandemic the number of job openings was about 5 million. During normal times that number would average around 6 million. There are 165 million people in the workforce. We're talking about a little over 1% difference on the aggregate. It's a mountain out of a molehill but fun for people to be overly critical of it. The restaurant industry is a small portion of the overall workforce. Clearly people have gone back to work in droves, as evidenced by the U3 and U6 numbers. I don't doubt many left the industry You're not going to just sit around when you aren't getting replacement wages (and that hasn't been the case since August). People still have bills to pay and despite the nonsense you read on-line, the eviction moratorium did not allow people not to pay rent on anything they owed (even if they were late on rent). I had a couple of tenants find that out the hard way when they moved out being past due on their rent (not to mention they didn't give a proper 30 days notice). They thought they would get back their whole security deposit and they didn't. I also suspect you may have had some early retirement from germaphobes who don't want to be around the public.
“business owners spent decades convincing workers that they only deserved minimum wage & then the pandemic hit & those same workers saw first hand that actually, the world comes to a screeching halt without them” https://twitter.com/abby4thepeople/s...95438236725252
so we should already do away with the additional benefits, and end the eviction moratorium, and expect all those evictees to pay their back rent. Cancel any changes/increases to child tax credits. Any other "economic help during pandemic" measure still in place.
Yes?
?
I was stating plausible reasons to a question posed and an elaboration on some of the rules in place. Not sure why you would come up with a bevy of questions that don't really have anything to do with what I was talking about. I gave no opinion whatsoever on economic help. Just trying to put to rest some misnomers.
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