vimarsana.com

Page 13 - தொழிலாளர் விற்றுமுதல் கணக்கெடுப்பு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Crain s editorial: Changing times bring labor pains

Crain s editorial: Changing times bring labor pains Print Ohio in the last week of June ended its participation in the federal pandemic unemployment compensation program, which provided an extra $300 per week in unemployment benefits to those who were out of work. The theory, according to Gov. Mike DeWine, business organizations and others that advocated the move, is that the additional benefits were disincentivizing people from re-entering the workforce, contributing to a labor shortage that is a drag on the economic recovery. The labor shortage is real. You see it anecdotally in restaurants and other service industries, where wait times are longer and now hiring signs are plentiful, and in a more concrete way in government data. For instance, the U.S. Department of Labor s latest Job Openings and Labor Turnover Survey, or JOLTS, released last Wednesday, July 7, showed that job openings nationwide rose to a record 9.21 million in May, breaking the previous high mark of 9.19 mil

Unemployment benefits: Did the $300 boost cause the worker shortage?

Julie Antoine wants to go back to work.   The 60-year-old unemployed travel agent used to make around $7,000 a month working in Gainesville, Florida. But since losing her two jobs at the start of the COVID-19 pandemic in March 2020, she has relied on the state s unemployment benefit, which tops out at $275 a week, an amount equal to what Antoine used to make in two days. It is nothing close to what I was earning .  even with the (extra) $600 and the $300 that they were giving, she says of the temporary federal boosts to Florida s unemployment checks. I’d rather work and make $7,000 a month than not work and make $1,100.  

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.