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Delta, beef prices threaten to take the sizzle out of U S steakhouses
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Delta, beef prices threaten to take the sizzle out of U S steakhouses
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Delta, beef prices threaten to take the sizzle out of U S steakhouses
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
It is a phenomenon with its roots in the onset of the coronavirus pandemic. Many businesses were forced to shut down and send employees home, and the federal government began providing funds to supplement state unemployment checks.
Florida was one of the first states to reopen, and business owners eager to turn a profit and recoup losses rushed to beef up their work force and return to normalcy.
But with other states slower to open, stimulus dollars continued to flow from the U.S. Treasury. Even though federal unemployment insurance payments have been cut from $600 to $300, a Floridian who qualifies for maximum state benefits of $275 still can make $575 a week.