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Page 3 - ஓய்வு பெற்றவர் முதலீட்டாளர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Retired Investor: A Labor Shortage Solution

By Bill Schmick 04:38PM / Thursday May 13, 2021 The hiring boom that was expected in April 2021 fizzled. Last Friday s nonfarm payrolls report came in at 266,000 jobs gained compared to over a million expected. It was the biggest miss in decades.   Politicians and many corporations were quick to provide a ready scapegoat for that failure. They blamed it on the weekly payments of $300 in federal unemployment aid through September 2021, on top of the regular unemployment benefits paid out by the states. In short, the fault apparently lies with the Biden administration s stimulus package. If the president and the Democrats had not provided these overly generous benefits, more workers would be thrust back into the work force in order to eat and pay their bills. Hogwash!

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