Unemployment was nearly three times the current rate in April of last year. 14.8 vs. 5.2 now, which is pretty well within historical rates. So it doesn't seem like the problem can be boiled down solely to people deciding to leave the work force to mooch off the government.
Just spitballing here, but I would imagine a large part of that initial 14.8% unemployed were summarily fired by their service industry employers when the pandemic began. Maybe they realized that's a pretty shitty position to put themselves back into? Particularly with pandemic related issues continuing to be the news of the day. IDK. Could part of what we are seeing be a reorganization of the work force? It would be interesting to see if non-service related or more secure service oriented jobs have seen an influx of new applicants/workers.
Just spitballing here, but I would imagine a large part of that initial 14.8% unemployed were summarily fired by their service industry employers when the pandemic began. Maybe they realized that's a pretty shitty position to put themselves back into? Particularly with pandemic related issues continuing to be the news of the day. IDK. Could part of what we are seeing be a reorganization of the work force? It would be interesting to see if non-service related or more secure service oriented jobs have seen an influx of new applicants/workers.
National Employment Monthly Update
www.ncsl.org