An unexpected slowdown in hiring nationwide has prompted some Republican governors to start slashing jobless benefits in their states, hoping that the loss of generous federal aid might force more people to try to return to work.
The new GOP cuts chiefly target the extra $300 in weekly payments that millions of Americans have received for months in addition to their usual unemployment checks. Arkansas on Friday became the latest to announce plans to cancel the extra benefits, joining Montana and South Carolina earlier in the week, in a move that signals a new effort on the part of Republicans to try to combat what they see as a national worker shortage.
Republican policymakers have long opposed these heightened unemployment payments and unanimously voted against extending them earlier this year. But party leaders nationwide have grown more emboldened in recent days, particularly as the U.S. government on Friday released new data showing the economy added only 266,000 jobs in April.
“More states […]
What potential emoyees need to think about are the extra benefits of being employed such as health care, retirement accounts, paid vacations, social security contributions, etc.w
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