Chamber of Commerce Responds to April Jobs Numbers With Call to Cut Unemployment Benefits
NurPhotoGetty Images April's jobs report was disappointing relative to expectations: while 266,000 jobs were added, it was well off the one million-plus anticipated. There's likely a cocktail of forces operating on this, as economist Diane Swonk laid out on Twitter, from a lack of access to childcare—which is keeping mothers out of the workforce—to potentially continuing concerns about whether workplaces are safe. (It was probably too early to see real benefits of widespread vaccination last month.) Swonk suggests there were significant job losses in some sectors due to a larger shift, ...