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As US employers struggle to find workers, some corporate leaders and politicians have blamed the federal expansion of unemployment insurance (UI) benefits for a “labor shortage” and over 20 Republican governors have moved for its early cancelation.
But new research suggests that enhanced UI may not be the reason jobs are going unfilled.
A working paper in which researchers at the Federal Reserve Bank of San Francisco analyzed labor-force data finds that beefed-up unemployment benefits didn’t have too much of an impact on workers looking for jobs.
In a given month in 2021, “about seven out details ⇒
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