No, unemployment benefits aren't the problem
CNN
America's job market is in a weird spot: it's still millions of jobs short of where it was before the pandemic, but businesses complain they can't find staff. Opponents of enhanced unemployment benefits during Covid say the government aid is so cushy, the jobless don't want to return to work.
On the surface, that argument has some merit. The jobless benefits Congress bolstered at the start of the pandemic have been extended until September. Now, though, people are getting vaccinated and employers want their laid-off employees to come back. That should be a recipe for success. Yet the pace of job growth came in at a disappointing 266,000 in April, far less than analysts expected.More Related News