One mystery of the labor shortage is the missing paycheck: How long can people choosing not to work last without an income?
Nobody’s sure, but clues are emerging. The economy continues to recover from the COVID wipeout, and hiring remains strong. Yet Americans are beginning to report more difficulty paying routine bills, not less, and it’s probably related to the end of federal relief measures that kept millions above water during the last 20 months.
In the Census Bureau’s “household…
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