Experts say and studies suggest that generous federal pandemic unemployment benefits reduced the U.S. labor participation rate, contributing to business difficulties in finding workers. The U.S. Bureau of Labor Statistics (BLS) noted a decline in the workforce participation rate through 2021. The BLS cited a study released by the Federal Reserve Bank of Chicago, “Has the Willingness to Work…
Did Generous Pandemic-Era Benefits Reduce Labor Force Participation?
March 10, 2023
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College Graduate Starting Salaries at All-Time High Despite Pandemic: Report
September 2, 2021
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Business & Economycollege graduatesCOVID-19Economieseducationpandemic unemployment benefitunemploymentUSUS News
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College graduate starting salaries are at an all-time high despite the global pandemic, according to a recent report from the National Association of Colleges and Employers (NACE). Overall, the average starting salary for the college class of 2020 was $55,260, 2 percent higher than the starting salary of $53,889 for the class of 2019, according to…
Millions of Americans Set to Lose Unemployment Benefits Next Week, No Signs of States Extending
Millions of Americans are set to lose their unemployment benefits as a Sept. 6 deadline approaches for an end to federal pandemic jobless aid programs, with dim prospects for any extensions in light of surging demand for workers and reports that states are not moving to extend them. Around 7.5 million Americans are set to…
Millions of Americans Set to Lose Pandemic Unemployment Benefits Next Week, No Signs of States Extending
Millions of Americans are set to lose their federal pandemic unemployment benefits as a Sept. 6 deadline approaches for an end to the emergency programs, with dim prospects for any extensions in light of surging demand for workers and reports that states are not moving to extend them. Around 7.5 million Americans are set to…
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