Retailers are competing against unemployment checks -- and losing
Ryan Mills May 15, 2021 8:30 PM ET No state offers more generous unemployment benefits than Massachusetts; they max out at over $800 per week, plus the $300 in federal money. And the state has among the least-restrictive eligibility requirements in the country, said John Hurst, president of the Retailers Association of Massachusetts. Hurst said the $300 federal unemployment benefits are a big story nationally, but in Massachusetts, “the $300 was the cherry on top of the sundae.” “That’s a pretty strong incentive to spend the summer at the beach,” Hurst said of the combined state and...