Under the status quo, the federal government is supplementing existing state-level benefits with an extra $300 per week until September. This means that nearly 40% of workers can earn more from staying on the welfare rolls than from returning to work. Many others can earn 70%, 80%, or 90% of what they were making.
In Massachusetts, for example, one can earn up to $1,100 a week on unemployment benefits under the current system. That’s far more than the $600 a week one would make working a $15/hour job. Is it any wonder so many employers are struggling to hire?