U.S. Chamber of Commerce calls for ending $300 weekly supplemental unemployment benefits to address labor shortages

May 8, 2021 by No Comments

U.S. Chamber of Commerce/Press Release/5-7-2021

“The disappointing jobs report makes it clear that paying people not to work is dampening what should be a stronger jobs market. We need a comprehensive approach to dealing with our workforce issues and the very real threat unfilled positions poses to our economic recovery from the pandemic. One step policymakers should take now is ending the $300 weekly supplemental unemployment benefit.  Based on the Chamber’s analysis, the $300 benefit results in approximately one in four recipients taking home more in unemployment than they earned working.”

USAGOLD note: The sad truth behind today’s payrolls report that the Biden administration would just as soon sweep under the carpet.


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Original source: https://www.usagold.com/cpmforum/2021/05/u-s-chamber-of-commerce-calls-for-ending-300-weekly-supplemental-unemployment-benefits-to-address-labor-shortages/