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The Class Of 2021 And A Unique Job Market

The Class Of 2021 And A Unique Job Market
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US employers struggle to fill open positions


By MINLU ZHANG in New York |
chinadaily.com.cn |
Updated: 2021-06-14 12:00
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Florida residents attend a job fair seeking employment at the Seminole Hard Rock Casino on May 25, 2021 in Tampa, Florida. [Photo/Agencies]
While more than 9 million Americans remain unemployed, US employers are trying virtually anything from giving hiring bonuses and education benefits to families of new employees to the use of machines to fill job openings that have soared to a record level.
Openings climbed to 9.3 million during April, the highest since 2000, underscoring the strong labor demand as the economy rapidly recovered from the pandemic, the Labor Department said in its monthly Job Openings and Labor Turnover Survey (JOLTS) report on Tuesday. ....

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Why Is Hiring Hard Right Now? - The New York Times


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In the past few weeks, 22 states have announced they would end federal pandemic unemployment benefits, which pay recipients $300 on top of state benefits and are scheduled to run into September. (New Hampshire is the latest.)
Many of the states’ governors, all Republicans, made statements similar to that of Gov. Henry McMaster of South Carolina, who said the expanded benefits are “incentivizing and paying workers to stay at home rather than encouraging them to return to the workplace.” The U.S. Chamber of Commerce said the same.
Businesses of all types report that they are having trouble hiring despite high unemployment. But are expanded unemployment benefits really to blame? ....

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