High Unemployment and Business Owners Can’t Find Willing Employees – What’s Going on?

Unemployment Derek Loudermilk Show

Written by Derek Loudermilk

April 9, 2021

This episode is a response to my experience in Autozone earlier this week – the manager was asking everyone in line if they or someone they knew wanted a job. He indicated that it was the unemployment pay and stimulus that kept people from coming back to work

I had heard the same thing from my fridge repairman who said he was working overtime because his friends didn’t want to go back to work.

Is it really true that unemployment pay and stimulus is keeping people from working? What does this mean for the future of our economy? What do want to happen going forward?

I shared my expiernece on social media and it lead to a variety of different opinions about the effectiveness of the unemployment pay, to the transitioning nature of our workforce, and what employers would need to do to attrack employees.

In this episode I’m going to bring you several different angles and things to consider when thinking about the impacts and alternatives of unemployment pay, stimulus, and how it is shaping our (US) economy. We will also talk about the importance of psychological safety, and poverty, and how they relates to criminal behavior

What are you thoughts on unemployment and stimulus pay? What about Universal Basic Income?

Here are the stunningly good results from the Stockton Universal Basic Income experiment

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