“I have enough money from unemployment insurance” is tied for the highest reason. Let’s explore the implications.
by Mike ‘Mish’ Shedlock
Mish Talk
Axios reports about 1.8 million out-of-work Americans have turned down jobs because of the generosity of unemployment insurance benefits, according to Morning Consult poll results released Wednesday.
By the numbers: Morning Consult surveyed 5,000 U.S. adults from June 22-25, 2021.
— Of those actively collecting unemployment benefits, 29% said they turned down job offers during the pandemic. In response to a follow-up question, 45% of that group said they turned down jobs specifically because of the generosity of the benefits.
— Extrapolating from the 14.1 million adults collecting benefits as of June 19, Morning Consult concluded that 1.8 million people turned down job offers because of the benefits.