ABC Columbia
Jun 30, 2021 5:47 PM EDT
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SC Small Business Chamber of Commerce calls on U.S. senators to support legislation that helps businesses get back on track
Image: Victor Ysisola/ABC Columbia
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SC Small Business Chamber of Commerce calls on U.S. senators to support legislation that helps businesses get back on track
Image: Victor Ysisola/ABC Columbia
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SC Small Business Chamber of Commerce calls on U.S. senators to support legislation that helps businesses get back on track
Earlier this month, the Department of Labor released a less-than-stellar jobs report that sent politicians, economists and leaders in corporate America scrambling for answers. That report details an approximate 71% drop in job growth paired with a slight hike in unemployment, falling far below analyst expectations of a month-over-month boom. This prompted many “mainstream” or conservative pundits, along with Republican elected officials, to point toward a prime suspect: unemployment insurance.
Their logic is simple: if people are getting paid to do nothing, they have no incentive to do anything. But Democrats have argued that the reality is far too complicated to chalk up to one factor. Treasury Secretary Janet Yellen attributed the disappointing jobs report to a lack of proper child care and lingering fears about the pandemic. Others have pinned the blame on employers, citing low wages and poor working conditions as reasons why Americans might be more hesitant to rejoin the wo
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