DEMOCRATS OWN THE SHUTDOWN!
In many states, welfare and benefits pay more than median income
December 27, 2022
The labor force participation rate was 62.1% last month, notably lower than the 63.4% mark it was at before the coronavirus pandemic struck the United States in March 2020.
There are numerous reasons that unemployed Americans aren’t entering the workforce, including ongoing fears of COVID-19, disabilities such as “long COVID,” and other care responsibilities. One factor that is contributing to the relatively low labor force participation rate is the combination of unemployment benefits and recently expanded Affordable Care Act (ACA) subsidies, according a new study by the nonprofit Committee to Unleash Prosperity.
In 14 states, unemployment benefits and ACA subsidies for a family of four with two people not working amounts to an annualized equivalent of $80,000 a year in wages and benefits, the study found.
This study also finds:
• In 24 states, unemployment benefits and ACA subsidies for a family of four with both parents
not working are the annualized equivalent of at least the national median household income.
• In 5 states, those two programs provide the same family with both parents not working the
annualized equivalent of at least the national median household income and benefits.
• In 14 states, unemployment benefits and ACA subsidies are the equivalent to a head of
household earning $80,000 in salary, plus health insurance benefits.
• This is a higher wage than is earned by the national median secondary school teacher,
electrician, trucker, machinist, and many other jobs.
• In more than half the states, unemployment benefits and ACA subsidies exceed the value of the
salary and benefits of the average firefighter, truck driver, machinist, or retail associate in those
states.
• In a dozen states, unemployment benefits and ACA subsidies exceed the value of the salary and
benefits of the average teacher, construction worker, or electrician in those states.
• A family of four with income over $227,000 qualifies for ACA subsidies in all states and families
earning over $300,000 a year still qualify for ACA subsidies in 40 states and DC.
Fig. 1: Highest Benefit States for Not Working and National Median Income Plus Benefits for Selected
Occupations
State/Occupation Earned Income
Equivalent
Washington - $122,653
Massachusetts - $117,063
New Jersey - $108,857
Minnesota -$98,915
Montana - $95,265
Hawaii - $91,757
Colorado - $91,281
Oregon - $86,454
Rhode Island - $85,605
https://hotair.com/jazz-shaw/2022/12/27/in-many-states-welfare-and-benefits-pay-more-than-median-income-n520167
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