- While many were against the abrupt termination of Covid emergency unemployment benefits to 7.5 million people, the record US job openings could soften the blow.
- Many of those receiving unemployment benefits worked in service industries (eg restaurants) with the largest current job openings.
- Some employers have increased wages to entice workers, an indirect benefit to the economy.
- Ultimately, large shares of workers in certain fields (eg childcare providers) must return to work before many others (eg working mothers) can return themselves.
Covid Unemployment Benefits: Their Expiration Is Not a Calamity (Opinion)
(09/12/2021)