Creative Commons A massive labor shortage continues to hamstring the economy, with millions more empty jobs than unemployed job-seekers. All the while, millions of people remain on the sidelines, with the labor force participation rate significantly below the pre-pandemic norm. Why are so many potential workers sitting idle while jobs need to be filled?
Well, the astoundingly bloated nature of America’s welfare state offers one explanation, according to a new study . Conservative economists Stephen Moore, E.J. Antoni, and Casey Mulligan of the Committee to Unleash Prosperity analyzed what a typical four-person family, with two nonworking adults, could receive in […]
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