EXPLAINER: Did US hiring slow because of a ‘labor shortage’?
Summary by Associated Press News
WASHINGTON (AP) — The anticipation for the U.S. jobs report for April, released Friday morning, was high.
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Unemployment insurance not behind labor shortage
The White House is pressing for trillions of dollars more in spending on infrastructure, education and other priorities. Republicans, however, object to the high price tag of Biden's initiatives and critics have raised concerns about inflation and a disincentive, thanks to generous unemployment benefits, for people to return to the workforce.The White House dismissed that criticism on Friday. "If it were really the extra benefits that were holdi…
EXPLAINER: Did US hiring slow because of a ‘labor shortage’?
WASHINGTON (AP) - The anticipation for the U.S. jobs report for April, released Friday morning, was high.Most experts agreed that after a yearlong pandemic, tens of millions of layoffs and widespread disease and death, a likely second straight month of nearly 1 million added jobs would send a clear ...
U.S. Chamber calls for end to $300-a-week jobless aid to ease labor shortage
May 7, 2021WASHINGTON (Reuters) – The U.S. Chamber of Commerce on Friday said the federal government should end the $300 weekly supplemental unemployment benefit in President Joe Biden’s $1.9 trillion COVID-19 aid package to ease a labor shortage that limited hiring in April. “The disappointing jobs report makes it clear that paying people not to work is dampening what should be a stronger jobs market,” the Chamber’s chief policy officer Nei…
EXPLAINER: Did US hiring slow because of a ‘labor shortage’?
WASHINGTON (AP) — The anticipation for the U.S. jobs report for April, released Friday morning, was high.Most experts agreed that after a yearlong pandemic, tens of millions of layoffs and widespread disease and death, a likely second straight month of nearly 1 million added jobs would send a clear signal: The economy was bounding back toward full health after a devastating recession.Instead, the report was a clunker. To nearly everyone’s surpri…
