THEY GOT FUCKING COVID
@kate Running businesses out of cars instead of being the system that is counted here. Who will unemployment apply to when none of us work for someone else? Haha.
yep, and economics has proven it https://www.axios.com/2022/12/16/the-missing-workers-who-are-never-coming-back
@kate Or they are immune compromised and can't actually participate in society very well now that they've been screwed by terrible health policies.
@kate who the fuck wrote this? Like they did a massive study. It was all over the news late last year. *At minimum* 2 million people are long-term/permanently disabled due to long covid.
How could they not fucking know this?
@kate they got covid and died. they got covid and can’t work. the decided to retire because work was too damn dangerous. and many more now have to care for relatives, parents, siblings or children who are disabled or have lost a parent or care giver to covid
I know a lot of 50 & 60 year olds who said "Eff it. My house is paid off. I'm not saving for an unaffordable car or international vacation anymore. The renos aren't needed to maintain resale values because nobody's building new houses anyway. I'm retiring early."
A lot of people found out that working from home or starting a business is better.
Without daycare, women discovered daycare is unaffordable.
Many closed their daycare because liability insurance became unaffordable.
A lot of dual-citizenship workers decided to stay in countries with a real *health care* system, and not one with a *health insurance* system.
When do American corporations realize that private health insurance is a millstone around their necks?
Over a million Americans died of covid and workers are avoiding any public facing job to avoid the anti-vaxxers, Qrazies, gun nuts, anti-maskers, and violent nutbars.
Many companies have outsourced remote jobs to outside the USA.
Easy solution: Reformed immigration policy. There's not shortage of workers, just a shortage of racial and ethnic tolerance.
@kate Don't forget the number of people working multiple jobs who went "fuck it, my life isn't worth this stress".
@kate Or are caring for someone with COVID, or retired early because who the hell wants to get COVID when you’re 60, or…. I mean none of this is a deep and bloody mystery.
They lost their daycare provider...to COVID.
They quit to take care of someone sick...with COVID.
They were disabled...by COVID.
I mean, there are huge social impacts they can't see?
@kate 1.04 million deaths reported, death rate jumped from 8.7 to 10.5 per thousand.
having .5% of the population die is huge when you're dealing with large enough numbers.
which leads to another crucial question: where are the brains of these fucking scrambling economists?
@kate there are three categories:
- working age people who died from COVID (~500k)
- working age people who can't work due to long COVID or repercussions of the COVID lockdowns
- near retiring age people who decided to say "fuck it" during COVID
This economic phenomenon (lack of labor) appeared after the Black Death in much more acuteness (due to extreme death rate) and is a largely considered the major catalyst for upending feudalism in England.
Economists should not be wondering.
near retiring age people who decided to say "fuck it" during COVID
Ooh, this one has sub-categories, like:
people near retirement who were (often shortsightedly) laid off during covid, suddenly finding themselves unemployed in an environment where a new job requires either overcoming "they'd probably just retire in 2 years," aiming for a lower-paid position for which they're overqualified for, or retiring 👁️
@kate They’ve been getting COVID19. That’s why people are not at work. They’re sick or in hospitals.
Many businesses are under staffed because of sickness not because they don’t want to work or they’re lazy taking unemployment insurance, they’re off because they’re sicken by the disease.
Some may have even been sick previously and have retained LongCovid which can come to those who were unvaccinated and never sought treatment of any kind. Sad.
I’ve spoken to restaurant owners.
@kate many retired early, mothers haven't rejoined the workforce because of childcare shortages, large numbers are unable to work because of long COVID, many first responders and essential workers lost their lives to COVID, and many haven't rejoined the workforce due to caretaking of partner or parents with COVID disabling conditions.
@kate we're up to an estimated 65 million people globally with long covid according to this recent study
@kate right? I keep hearing it in every news story. We have a shortage of teachers, cops, airline pilots ,nurses, doctors... and every story presents each as an isolated question.
@kate Don’t forget about Trump’s anti-immigrant policies that resulted in ~2 million fewer immigrants.
@kate @tim They got fucking #LongCovid and are still sick. And that doesn’t even cover people like me who are trying to work while coping with it. My productivity is less than a quarter of what it used to be. We know LEAST 10% of Covid infections result in #PASC and it could be more like 30%. Let’s see 147 million estimated infections in US (https://www.cdc.gov/coronavirus/2019-ncov/cases-updates/burden.html) is 15-44 million cases of PASC. What we don’t know is what fraction of PASC sufferers recover function and how long it takes.
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