Category: unemployment benefit

US Businesses Urge Government to Solve ‘Ever-Worsening Workforce Crisis’

WASHINGTON—The U.S. Chamber of Commerce called for the federal government and states to take swift action to address “the country’s ever-worsening workforce crisis,” as the economy gains momentum, triggering a strong demand for labor. “America’s great economic resurgence is being held back by an unprecedented workforce shortage—and it’s getting worse,” Neil Bradley, executive vice president…


House Republicans Urge Governors to Drop $300 Weekly Unemployment Boost

House Minority Leader Kevin McCarthy (R-Calif.) and several of his GOP colleagues wrote an open letter to the nation’s governors, urging them to “put America back to work” by ending the $300 weekly pandemic unemployment boost that they blame for discouraging people from taking jobs and hurting businesses and the economy. In the letter, co-signed…


Florida Tightens Unemployment Benefit Eligibility Requirements to Get People Back to Work

Florida authorities have announced tighter eligibility requirements for people to collect unemployment benefits in a bid to encourage people to take jobs as businesses in the Sunshine State struggle to hire badly needed workers. The Florida Department of Economic Opportunity (DEO), the state’s employment agency, on Wednesday announced that, starting June 1, unemployed Floridians will…


Record Number of Small Businesses Can’t Find Workers: Report

A record number of small businesses couldn’t find enough workers to hire in April, according to a new report from the largest small-business lobby group in the United States, reinforcing concerns that the pandemic-related federal unemployment boost may be sidelining workers and hurting economic growth. The National Federation of Independent Business (NFIB) said in its…


Biden Fends Off Criticism That Federal Unemployment Boost Keeps Workers From Taking Jobs

President Joe Biden and Treasury Secretary Janet Yellen on Friday sought to fend off claims that the enhanced unemployment boost was creating a disincentive for people to take jobs, after a wave of criticism to that effect following Friday’s disappointing employment report that showed a sharp slowdown in hiring despite job openings at near-record levels….


Businesses Hurt by Labor Shortage Due to Rich Federal Benefits

WASHINGTON—U.S. small businesses have faced an unprecedented economic disruption due to the pandemic and the subsequent government shutdowns. With the economic reopening, many business owners are now hit by another crisis, as they have trouble filling jobs. Many entrepreneurs cannot compete with the unemployment benefits offered by the federal government. Mark Owens, owner of USA Insulation and…