A Good Worker is Hard to Find - The Wall Street Journal, June 4, 2021

Broad vaccine distribution and the end of government lockdowns should result in soaring job creation. Yet the U.S. labor market turned in its second disappointing result in a row in May, according to Friday's Labor Department report. That's what happens when the government pays Americans not to work.

Employers created 559,000 net new jobs in the month, which sounds great until you notice that 1.5 million fewer workers in May said they were unable to work because their employer closed or lost business due to the pandemic. Most of those workers should have found new jobs but didn't.

The civilian labor force shrank in May by 53,000, and the number of men over age 20 who were employed fell by 8,000. The labor participation rate declined to 61.6%, even as the jobless rate fell to 5.8% from 6.1%.

All of this confirms that willing workers are getting increasingly hard for employers to find. Initial weekly jobless claims are falling, and this week dipped below 400,000 for the first time since the early days of the pandemic. But continuing claims have fallen little since March.

What gives? The Occam's razor explanation is that in March the Biden Administration and Congress ladled out another mountain of cash to Americanswork not required. The extra $300 a week in enhanced jobless benefits is one problem since millions of Americans can make more staying on the couch. This jobless pay isn't subject to the payroll tax, unlike wage and salary income.

This is on top of regular jobless benefits, plus new or extended cash payments such as the $3,000 per child tax credit, additional ObamaCare subsidies, and the $1,400 checks to individuals. Again, no work required.

Economists Casey Mulligan, E.J. Antoni and Steve Moore estimate in a new study that in 21 states households that qualify can receive a maximum wage equivalent of $25 an hour in cash without working. In 19 states, the maximum benefit is the equivalent of $100,000 a year in salary for a family of four with two unemployed parents. Not working is a rational economic choice.

Here is the Article you need to answer the question

1. Based on what we know about the issue of scarcity if unemployed Americans chose to go back to work instead of continuing to reap the current financial benefits of not working:

1. There would be an imbalance between the amount of leisure time most people desire and the amount of leisure time available.
2. The extra income from working at a job would not end the problem of financial scarcity that exists across this country.
3. The gap between the number of hours businesses need people to work and the number of hours actually worked would be reduced.
4. There would be an increase in the number of tax dollars available to the government to reallocate to other programs.
5. All of the above.