US Jobs Outlook: States That Cut Unemployment Benefits Didn't See Employment Growth
07/22/21 AT 7:27 PM
Twenty-six states cut their pandemic unemployment programs in 2021 in an effort to speed up job searches. According to analysis, the move has not meant higher employment.
State officials said the financial assistance was preventing unemployed workers from looking for jobs.
But Census Bureau data suggests recipients didn’t rush to find jobs following the first batch of state withdrawals, Arindrajit Dube, an economics professor at the University of Massachusetts Amherst, told CNBC. In fact, the first states to withdraw support didn’t see any jump in jobs in the weeks following their withdrawal.