As long as the unemployment benifits keep getting extended, there is credit and the attitude that this is temoprary, you will not see a drop in applicants. The fear of falling behind in the points races will keep people in who shouldn't/wouldn't be in too.
Now when enough people are forced to take low paying jobs with no vacation or other benifits, and be glad to just have a job, and the realization that standards of living are just plain not what they once were........