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A comment on April Unemployment Rate Rose to a Record 14.7%. Parent comment

Re:April Unemployment Rate Rose to a Record 14.7% by deweller on Friday May 08, 2020 @09:30AM (#23114652)
The optimistic in me believes that as restrictions are lifted workers will soon find a way to return to work safely and effectively which will stimulate the economy and create demand for more jobs.

The pessimist in me believes that social benefits will incentivize potential workers to stay home and not spend money which will slow down economic recovery.

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Re:April Unemployment Rate Rose to a Record 14.7% by pbourke on Friday May 08, 2020 @10:54AM (#23115426)
When these workers return to work, will they have customers? Especially for those in travel, hospitality, events, personal services, etc.
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Re:April Unemployment Rate Rose to a Record 14.7% by SpicyLemonZest on Friday May 08, 2020 @11:10AM (#23115640)
Probably. Personal services seem to have rebounded fine in places that allowed them to reopen. The businesses I'm most worried about are small random shops that depend on foot traffic, and restaurants if they aren't allowed to ramp to fuller capacity soon.

Some kinds of travel businesses will of course not be opening in the near future.

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Re:April Unemployment Rate Rose to a Record 14.7% by newhotelowner on Friday May 08, 2020 @10:53AM (#23115421)
> social benefits will incentivize potential workers to stay home

What kind of social benefits?

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