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No single reason behind current labor shortage, economics expert says

No single reason behind current labor shortage, economics expert says Study finds receiving benefits intensify job searches Updated:  Tags:  SAN ANTONIO – Generous unemployment and COVID-19 relief benefits are not why many people aren’t going back to work yet, according to a study by the Federal Reserve Bank of Chicago. On Monday, President Joe Biden said, “We’re going to make it clear that anyone collecting unemployment, who is offered a suitable job, must take the job or lose their unemployment benefits. There are a few COVID-19 related exceptions, so that people aren’t forced to choose between their basic safety and a paycheck, but otherwise that’s the law.

Data: The industries hit hardest by coronavirus pandemic in San Antonio area

San Antonio tourism leaders eye Legislature as new voting rights bill could have economic consequences

San Antonio tourism leaders eye Legislature as new voting rights bill could have economic consequences San Antonio community members say the local economy can be affected by the upcoming vote Tags:  SAN ANTONIO – Texas is considered to be the next battleground over voting rights. Community members say they are concerned about the political fallout from a new voting rights bill entering the Texas Legislature, which could affect the Alamo City’s economy. Senate Bill 7′s authors would tell you that the bill is about preserving election integrity. Opponents, however, say they see the proposed restrictions, like prohibiting mail-in ballots from being sent to all voters and limiting the hours for extended early voting, as a form of voter suppression targeting minorities.

Commentary: A year later, COVID has changed the global economy

Commentary: A year later, COVID has changed the global economy Thomas Tunstall, For the Express-News March 17, 2021 FacebookTwitterEmail It was a year ago that shoppers scoured empty shelves for hand sanitizer, toilet paper, soap and other essentials. The pandemic has likely changed our global economy in many ways.DAVE SANDERS /NYT What began a year ago as a brief relocation from the office to a work-at-home setting transitioned into something else altogether. The weeks bled into months, ultimately extending over the year and beyond for many folks. The brake on economic activity resulting from the COVID-19 pandemic sapped more out of the gross domestic product than any downturn since the Great Depression in the 1920s and 1930s, and far more than the Great Recession that began in late 2007.

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