States ending $300 jobless payouts are not seeing hiring spikes as predicted
July 27, 2021
Twenty states that opted out of the federal government’s $300-a-week benefit for unemployed workers have not seen a big jump in total workers since doing so. Economists said that there has been some shift in the workforce with more workers over 25 getting jobs and teenager employment rates falling. Missouri Gov. Mike Parson said on June 12 that ending the subsidy would mean that existing jobs in the state would be filled and thousands of new ones would come into the state. Job numbers in the state do not support that assertion.
Recent News
Merger Forces Kroger and Albertsons To Sell More Stores
Kroger and Albertsons are selling more of their stores to address concerns about their merger.
JD Sports Bids for Hibbett in $1.08 Billion Deal
JD Sports Fashion plans to buy Hibbett Inc. for around $1.08 billion. The move aims to help the UK’s largest sportswear retailer grow in the southeastern United States.
Disney Technology Executive Leaves Company for Personal Reasons
Aaron LaBerge will stay on at Disney until June 2024.
Amazon Ends Drone Delivery in California, Here’s Where It’s Going Next
This new location will allow for quicker, same-day delivery.