Florida Department of Economic Opportunity Announces Floridaâs Withdrawal from Federal Pandemic Unemployment Compensation Program May 24, 2021
Tallahassee, Fla. – Today, the Florida Department of Economic Opportunity (DEO) announced another key step to returning more Floridians to work, following April’s labor statistics which show total private-sector employment increased by 18,800 jobs and more than 460,000 online job postings available throughout the state for job seekers. Florida will end its participation in the Federal Pandemic Unemployment Compensation program, the $300 per week supplemental FPUC payment, effective June 26, 2021, as part of DEO’s ‘Return to Work’ initiative.
Note that the additional federal Reemployment Assistance benefit programs, including Pandemic Unemployment Assistance (PUA), Pandemic Emergency Unemployment Compensation (PEUC), and Mixed Earners Unemployment Compensation (MEUC), will continue for the time being as DEO co
Post-Covid Warning: Fence Federal Regulation And Spending Before The Next Economic Shock
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With COVID-19 in full retreat, it ought to feel like morning again in America. The vaccines have been a huge success thanks to Operation Warp Speed, with more than 125 million Americans now fully immunized. Mask mandates across the country are disappearing. Demand for consumer goods is on the rise. By all measures, our economy should be booming, yet millions of Americans remain on the sidelines and are not returning to work.
In April our economy added 266,000 jobs, far fewer than the 1 million jobs experts had predicted. This slow rate of hiring is not for lack of opportunity â there are now 8 million jobs across the country waiting to be filled. Employers simply cannot find workers. According to the National Federation of Independent Business, last month 44% of small businesses had openings that they could not fill.
By Bill Knight
Some businesses say they’re struggling to fill vacancies as the pandemic starts to ease; the National Federation of Independent Business (NFIB) says 42 percent of small businesses have unfilled openings; and the National Restaurant Association suggests people would prefer staying home and subsisting off unemployment insurance, which through Sept. 6 includes a $300 federal supplement to state benefits.
However, HALF of restaurant workers were denied benefits because their pay was too low to qualify, says the One Fair Wage (OFW) coalition.
The problem is more complicated that the alleged greed of the jobless, and the solution is simple.
Women have been harder hit, according to the Brookings Institution, which reports 40 percent had to drop jobs when schools and child-care services closed.
TRENTON, N.J
. – Governor Phil Murphy’s latest decision to end social distancing restrictions is welcome news at the Jersey Shore ahead of Memorial Day Weekend, but a leading small business group is pointing out the obvious: “significant challenges remain” including a labor shortage driven by extended and expanded unemployment benefits.
“The easing of government restrictions and the reopening of the economy, is the first big step in the right direction for small business recovery,” said National Federation of Independent Business (NFIB) NJ State Director Eileen Kean. “Main street businesses are delighted that normalcy is around the corner and limitations are being lifted for Memorial Day weekend. It is a huge relief that the kick-off to summer is a reopening, but significant challenges remain. Many small businesses still can’t hire help and it is time for New Jersey to join other states that have eliminated the additional $300 federal unemployment benefit that is ke
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