Biden admin rejects that extended unemployment benefits to blame for dismal job report
Added 05-09-21 02:29:01pm EST - “U.S. Secretary of Commerce Gina Raimondo said on Sunday that the dismal April jobs report shows the economy has a "long way to go" as it recovers from the coronavirus pandemic amid criticism that extended unemployment benefits are…” - Foxnews.com
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U.S. Secretary of Commerce Gina Raimondo said on Sunday that the dismal April jobs report shows the economy has a "long way to go" as it recovers from the coronavirus pandemic amid criticism that extended unemployment benefits are lowering the incentive for Americans to get back to work.
"I think we have a long way to go to recover from the pandemic. There are so many Americans still struggling. Eight million fewer jobs than there were pre-pandemic," Raimondo said during an appearance on CBS' "Face the Nation." "We are working very hard. In fact, we had a meeting with the president on Friday, and that was his direction to us, which is we are making bold moves, but there's a long way to go and we have to be there to help Americans find jobs."
Amid an accelerated vaccine rate, trillions in government stimulus and easing pandemic restrictions, businesses have reported difficulty in onboarding new workers.
Companies have been quick to blame the sweetened unemployment benefits provided to workers during the pandemic; the $1.9 trillion stimulus package that President Biden signed into law in March boosted unemployment aid by $300 a week through Sept 6, 2021 and included a third $1,400 payment for millions of Americans.
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