Fast food struggles to hire as demand soars

Reuters/Hilary Russ

Repost from 4-12-2021

stein cartoon image of foot about to meet banana peel an unintended consequence“‘The most recent stimulus check and unemployment benefits have been a catalyst for people to stay at home’ instead of looking for work, he said.”

USAGOLD note: Such is the downside of government income maintenance programs – one of the great unintended consequences of the Biden rescue package. Already, as this article points out, employers are paying signing bonuses and wages are beginning to rise. Powell might get the inflation he wants so desperately through the back door – a rapidly rising cost of labor.

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