ST Alpha - "LOTS of talk about the reasons behind on CNBC this morning: whether it's lack of opportunity or it's people reluctant to return to the workforce" (Reading a Post)

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In response to "Yup. Weak jobs means more cheap monetary policy, probably, which drives stocks up. -- (edited)" by znufrii

LOTS of talk about the reasons behind on CNBC this morning: whether it's lack of opportunity or it's people reluctant to return to the workforce

Posted by Baron Nefcy (aka BaronWasteland) May 7 '21, 07:22

either because of anxiety or lack of financial incentive.

It's rather fascinating since the treatment for one would just exacerbate the other. Kind of like treatment for ischemic stroke vs. hemorrhage stroke.

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There is lots of reporting going on out there about people avoiding the workforce because of the high unemployment payments. I tend to be skeptical - pmb May 7, 08:06 3
- There's definitely some that are not going to take some low paying job just to go back to work when UI is giving them more. My friend is one. - Krusty May 7, 08:24
- Also under appreciated is the impact of the unavailability of regular child care and access to schools. -- nm - znufrii May 7, 08:21 1
  - That is a huge complicating factor for sure. If your kids have nowhere to go during the day, you can't just leave them. -- nm - Baron Nefcy May 7, 08:34

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LOTS of talk about the reasons behind on CNBC this morning: whether it's lack of opportunity or it's people reluctant to return to the workforce

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