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People pass walk by the Vaccination center at the Townsquare Mall in Rockaway, New Jersey on January 8, 2021. - Governor Murphy toured a vaccine mega site at a former Sears store in Morris County, where health officials hope to vaccinate more than 2,000 people per day in coming weeks once the vaccine arrives. Kena Betancur / AFP That decision will impact about four million workers, and cause many to lose benefits completely. Almost every state cutting benefits is still below pre-pandemic employment. Half of all states in America are ending their participation in federal unemployment benefits early, leaving millions of workers with greatly reduced benefits or no benefits at all. ....
Joe Raedle/Getty Images 25 GOP governors have decided to end federal unemployment benefits early amid the perception that ongoing labor shortages mean ample work opportunities. But workers may not be returning as expected due to weak business conditions and health concerns. Benefits will also be cut as more bills are due and consumer goods cost more. Much ink has been spilled on what, exactly, is going on with employment and the so-called labor shortage. As the country reopened, April s anemic jobs report came as a shock. GOP governors in 25 states reacted by prematurely pulling the plug on federal unemployment benefits, citing beefed-up UI as a disincentive for returning to work. There s also the ongoing perception that a labor shortage means ample opportunities for work are readily available. ....
The labor picture in America right now is confusing, especially following a dismal jobs report. It s hard to determine what s the driver behind the labor shortage; some blame UI, others childcare. Economists at UBS say school closure and COVID fears may be main reasons behind the lack of labor. The labor picture in America right now is, in a word, confusing. With reopening fueling hopes of an economic boom, April brought a surprisingly dismal jobs report, with gains primarily concentrated in the hard-hit leisure and hospitality industry. The reactions from different sectors have been swift. Nearly 20 GOP-led states have announced they ll halt their participation in additional unemployment benefits, subscribing to the theory that higher UI benefits are keeping people out of the workforce. ....