UPDATED 11:38 PT – Saturday 29 May 2021
Job search increased in GOP-led states that opted out of Joe Biden’s rising unemployment benefits, as reported on Friday. Job search was up 5% recently after at least 24 states announced their intentions to withdraw from additional federal unemployment programs.
The program provides about $300 in additional unemployment benefits, meaning unemployed in some states receive about $687 per week. This averages about $17 an hour. That’s more than twice the federal minimum wage.
Jed Kolko, the job site’s chief economist, said job-seeking activity was rising in states where extra unemployment benefits were cut. This indicates that it could be a sign that the halting of the project could be the end of the labor shortage seen in the United States among industries. Tourism, service, sales and marketing have seen significant increases.
GOP lawmakers have long argued that Biden’s rising unemployment benefit program is hampering job creation and hurting businesses seeking employment.