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Employers are complaining it's hard to find workers. that's led republicans to blame the additional $300 a week people are receiving in benefits. they're among 25 states led by republicans who are ending enhanced benefits early, affecting a total of 4 million people. republicans claim the benefits are discouraging people from going back to work, but they're not considering what our next guest says is a psychological explanation for the higher than expected unemployment rate. betsey stevenson who served as chief economist for president obama says we're in the midst of an enormous psychological ...

The united states, make their lives in the u.s. and i think we do suffer greatly when we don't have people coming over. they are -- immigrants tend to be younger. they tend to work more hours. and that's a real help to as you point out an older and aging labor force population like the united states. >> i want to show you a poll by pew that was conducted in january of 2021. the question is have you seriously considered changing occupation or field of work? in 2010 52% of people said so. in 2021, this is at the end of covid, 66% of people said so. so bottom line is the work force is always look...

Several agencies have issued guidance on what kind of work that furloughed workers can accept outside their government paychecks. we're talking about people going to work at coffee shops, doing retail work because they don't know when their next paycheck is coming and they don't see a clear end to this. so you have folks who are really picking up these shifts and looking for work because they've got the time and they need the money. >> yeah. absolutely. bartenders are the ones that doing the listening to the stories. something tells me if i go into his bar, tom, sit down. i have a few question...

The country and battleground states like michigan and ohio. it's economic indicators will play a huge deal along with the gender gap. as opposed to cane's legacy and in some ways, obama might be a hindrance to him getting ele elected. i think he will distance himself a little bit. >> and tom mentioned a fairness issue that's a very good issue, but you have to remember that republicans' core belief is that economic growth is sufficient. if the economy is growing, the market will take care of everybody fairly. democrats believe that economic growth is necessary, but not sufficient. you have to s...

Where the economy is testing. any kind of good news like this. we got it below 9%. that has to help the psychology of the economy. that is important. >> bret: sam for the psychology of this administration this was important. even though you couch the overall workforce number. still the rate going down that much is at least a perception thing that the administration is going to grab on to. >> without question. look, this november, meticly used to gauge economy. it's flawed in a number of ways. but for better or worse, the number we use. number that is hang around his neck as we move to the elec...