In 14 States, It Pays More than $80k a Year to Not Work: Study
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People are wondering why there’s such a shortage in the labor market.
It could have something to do with the fact that in many states, it pays more to not work than to work.
A new study out of the University of Chicago and Heritage Foundation shows that 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:
“A key policy question these days that has befuddled federal lawmakers is why so many millions of Americans have not returned to the workplace in the post-Covid era. The U.S. is ‘missing’ more than three million workers of working age that could be working and were working prior to Covid but are not today,” University of Chicago economics professor Casey Mulligan and Heritage Foundation research fellow EJ Antoni wrote in the study.
