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In reply to the discussion: Economy picked up 266,000 jobs in April, fewer than expected as economy tries to rebound [View all]PSPS
(13,594 posts)Hardly a day goes by without breathless stories about "the economy is opening up!!1111!!!. Everyone is going out to restaurants!!111!!! Now, here's a word from our sponsor!!111!!!"
1. Most people are still staying away because, um, we're still having virus outbreaks. There is still a pandemic.
2. Some changes adopted in the past 15 months will be permanent. Movie theaters and malls are over. Online ordering and delivery is here to stay.
3. Those complaining "I can't find anyone to work" don't know how to run their business in this new normal. Many people who were laid off and left to fend for themselves instead of getting financial assistance have already found other better-paying jobs like at Amazon, etc. They're not going to go back to a slave's job somewhere.
It's a demand-driven economy. Businesses without customers aren't hiring.