Article

2022-12-20 Economy

Unemployment benefits and Obamacare subsidies outpace median income in several states, study finds

[FoxBusinessNews] Benefits amount to over $100,000 in three states for a family of four with two people not working.

The labor force participation rate was 62.1% last month, notably lower than the 63.4% mark it was at before the coronavirus pandemic struck the United States in March 2020.

There are numerous reasons that unemployed Americans aren't entering the workforce, including ongoing fears of COVID-19, disabilities such as "long COVID," and other care responsibilities. One factor that is contributing to the relatively low labor force participation rate is the combination of unemployment benefits and recently expanded Affordable Care Act (ACA) subsidies, according a new study by the nonprofit Committee to Unleash Prosperity.

In 14 states, unemployment benefits and ACA subsidies for a family of four with two people not working amounts to an annualized equivalent of $80,000 a year in wages and benefits, the study found.

Posted by Skidmark 2022-12-20 00:00|| || Front Page|| [10 views ] Top

#1 And you wonder why people won't take a $35/hr job?? Why would you?? You'd end up losing money after child care, transportation, clothing, etc. Just sit at home in sweats, eat ice cream, and watch the View and Oprah.

Posted by Bangkok Billy 2022-12-20 03:21|| 2022-12-20 03:21|| Front Page Top

#2 At this rate my trailer park will be adding metal car awnings throughout. A community above ground pool is now no longer out of the question if we can modify one of the tether ball poles into a jib crane to meet the accessibility requirements.

Posted by Super Hose 2022-12-20 05:42|| 2022-12-20 05:42|| Front Page Top

#3 a jib crane to meet the accessibility requirements

But, once that 350 pound 12 year old boy is lowered into the pool, all the water will slosh out.

Posted by M. Murcek 2022-12-20 07:41|| 2022-12-20 07:41|| Front Page Top

#4 ...watch the View and Oprah...

I'd rather lose money flipping hamburgers, thank you very much.

Posted by Abu Uluque 2022-12-20 13:08|| 2022-12-20 13:08|| Front Page Top

#5 ...watch the View and Oprah

Nnnnnnn no, don't think so. I'd have sit on the curb outside a gahe bar and wink at the patrons until I regained my self esteem.

Posted by Besoeker 2022-12-20 13:29|| 2022-12-20 13:29|| Front Page Top

#6 The three states are Washington, Massachusetts, and New Jersey.

Maybe I should rethink retirement in the South...

Posted by Tom 2022-12-20 15:13|| 2022-12-20 15:13|| Front Page Top

#7 Washington State just got permission to allow Illegal Aliens to get Obamacare. Without paying a cent into it.

No doubt the other blue states will follow...

Glad I left that cesspool. Moved to Texas.

Posted by CrazyFool 2022-12-20 15:26|| 2022-12-20 15:26|| Front Page Top

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