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WHICH STATES HAVE PLANNED TO CUT UNEMPLOYMENT INSURANCE

Unemployment insurance

You may be wondering which states have planned to cut unemployment insurance, in this article we tell you about it.

Tennessee and Missouri have joined the states that are going to cut pandemic benefits in order to put pressure on Americans to return to work.

Before the pandemic ended, there were people who really needed government assistance to cope with the damage caused by the pandemic, but some states, such as those mentioned above, decided to end those benefits in order to get people back to work.

These states announced that they are joining the Republican-led states of Alabama, Arkansas, Mississippi, Montana and South Carolina in ending the pandemic-related unemployment benefits because they believe that the extra money is preventing the unemployed from filling the new jobs that are required with the return to normalcy.

These benefits provided financial assistance during the Covid-19 boom, but they were intended to be temporary and are now needed to address the labor problems they are facing.

Many businesses and the U.S. Chamber of Commerce have agreed that there is a need to put an end to what the country is lending to these people, after the government reported that employers had only hired 266,000 Americans in the month of April in what was anticipated to be one million.

There are seven states that took this action because they were convinced that government benefits may cause hiring to slow down, although not all agree.

Josh Bivens and Heidi Shierholz of the Economic Policy Institute, who are leftists, think that cutting benefits now will hurt the people who depend on them while they find jobs, as well as the recovery of the economy, since people are buying goods and food with that money.

On the other hand, for Federal Reserve Governor Lael Brainard

On the other hand, for Federal Reserve Governor Lael Brainard, there are other factors to take into account that are influencing the problem, he says that people really want to go back to work and are willing to do so, but that having closed the schools meant that many parents had to take care of their children.

Another reason that has been circulated is that many people are afraid of getting infected with the virus that is still claiming about 700 American lives a day.