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Mid-Day Digest

Mid-Day Digest
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Unemployed Households Can Earn This Stunning Amount on Welfare in 21 States, New Study Finds – Investment Watch

Sharing is Caring! The US economy is in a perplexing state of labor market purgatory. We have 9.3 million unfilled job openings, all while millions of Americans remain on unemployment benefits and millions more are opting out of the labor force entirely. In short, a labor shortage is throttling the economic recovery. But why? A new study published by the fiscally-conservative Committee to Unleash Prosperity offers a comprehensive examination of one of the labor shortage’s main causes: lucrative unemployment benefits. In March 2020, the federal government passed a “temporary” $600/week supplement on top of existing state-level unemployment payouts. It was reduced to a $300/week supplement in President Biden’s COVID-19 “stimulus” legislation but extended through September 2021.

States to end unemployment benefits for more than 400,000 people this weekend

States to end unemployment benefits for more than 400,000 people this weekend
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