Originally Posted by redsurfer11
So...there are no jobs created by automation and computers. Technology grows on trees. Unemployment will go under 6% when we start building houses again.
Unemployment might go under 6% when people start taking jobs that are available instead of living off government checks or we lower the amount people can be paid weekly on unemployment. I read where the average unemployment benefit was around $300/wk. A guy that takes a $12 an hour job only makes $480 before taxes and $360 take home at a 25% tax rate.
I don't think people see the difference of $60 a week as enough motivation to take a job they feel is beneath them. They can sit on their couch and not do a dang thing other than complete a couple of applications a week and make near the same amount they could working a respectable job.