- Despite red-hot labor demand, a majority of the roughly 2.5 million Americans who dropped out of the labor force during the pandemic and still aren't looking for jobs won't return to work this year, according to economists at Goldman Sachs. https://www.forbes.com/sites/jonathanponciano/2022/02/07/america-is-still-missing-25-million-workers-most-wont-return-to-work-this-year 460 comments economics
- Lower Unemployment — at a Price: “The unemployment rate in North Carolina has plummeted since the state significantly reduced its unemployment benefits...Economists said that some of the reduction was due to jobless workers’ finding work, but more was due to workers’ dropping out of the labor force” http://www.nytimes.com/2014/01/22/business/states-cutting-weeks-of-aid-to-the-jobless.html?_r=0 19 comments politics