And today is also Labor Day - celebrate by cutting...

| No Comments

...unemployment benefits.  I think that the people who first implemented these could have chosen a better date to end them.   And why all at once? Odd. London Daily Mail:

Biden takes selfies with union workers during Labor Day weekend trip to Delaware as more seven million Americans see their unemployment benefits end TODAY

    • President Biden made a surprise Labor Day visit to a local electrical workers union, lasting roughly 30 minutes
    • He was all smiles socializing with a friendly crowd as millions of Americans lose COVID benefits the same day
    • Four types of special COVID unemployment benefits all end on Monday, 18 months after the pandemic began
    • They include unemployment that 7million people couldn't previously claim but did over the last 18 months
    • They also include a boost of $300-per-week to people who were claiming regular unemployment
    • It comes after a disappointing jobs report in August - only 235,000 new jobs were recorded
    • Some say ending the payments so abruptly is dangerous given how growth is slowing
    • Morgan Stanley now predicts the economy will grow annually by just 2.9% - down from 6.5% earlier this year

President Joe Biden made a surprise visit to an electrical workers' union hall on Labor Day where he was all smiles socializing with blue collar workers there - as millions of Americans lose their federal COVID pandemic unemployment benefits.

The International Brotherhood of Electrical Workers (IBEW) Local 313 in Delaware represents 700 active members.

And those benefits:

Meanwhile, more than 7million Americans will lose federal unemployment benefits today and an additional 3million will stop receiving a $300 weekly boost on checks as emergency COVID payments expire.

Four types of specialized unemployment payments that were created because of COVID end on Monday.

They are; the Federal Pandemic Unemployment Compensation ($300 weekly boost on existing payments), Pandemic Emergency Unemployment Compensation (for those who already exhausted their state unemployment benefits), Mixed Earners Unemployment Compensation ($100-per-week for people who previously worked as a contractor and employee) and Pandemic Unemployment Assistance (which widened who could apply for unemployment).

Today, 18 months after they were first created, Americans will no longer be able to claim any of them.

Many say the expiry is overdue and that the inflated benefits drove a labor shortage because people could make more money doing nothing than they did in certain jobs.

Which will be good for the real job numbers. Our tax dollars at work.
Again, I have zero problem with a hand-up but it should not become a lifestyle.

Leave a comment

September 2021

Sun Mon Tue Wed Thu Fri Sat
      1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30    

Environment and Climate
AccuWeather
Cliff Mass Weather Blog
Climate Depot
Ice Age Now
ICECAP
Jennifer Marohasy
Solar Cycle 24
Space Weather
Watts Up With That?


Science and Medicine
Junk Science
Life in the Fast Lane
Luboš Motl
Medgadget
Next Big Future
PhysOrg.com


Geek Stuff
Ars Technica
Boing Boing
Don Lancaster's Guru's Lair
Evil Mad Scientist Laboratories
FAIL Blog
Hack a Day
Kevin Kelly - Cool Tools
Neatorama
Slashdot: News for nerds
The Register
The Daily WTF


Comics
Achewood
The Argyle Sweater
Chip Bok
Broadside Cartoons
Day by Day
Dilbert
Medium Large
Michael Ramirez
Prickly City
Tundra
User Friendly
Vexarr
What The Duck
Wondermark
xkcd


NO WAI! WTF?¿?¿
Awkward Family Photos
Cake Wrecks
Not Always Right
Sober in a Nightclub
You Drive What?


Business and Economics
The Austrian Economists
Carpe Diem
Coyote Blog


Photography and Art
Digital Photography Review
DIYPhotography
James Gurney
Joe McNally's Blog
PetaPixel
photo.net
Shorpy
Strobist
The Online Photographer


Blogrolling
A Western Heart
AMCGLTD.COM
American Digest
The AnarchAngel
Anti-Idiotarian Rottweiler
Babalu Blog
Belmont Club
Bayou Renaissance Man
Classical Values
Cobb
Cold Fury
David Limbaugh
Defense Technology
Doug Ross @ Journal
Grouchy Old Cripple
Instapundit
iowahawk
Irons in the Fire
James Lileks
Lowering the Bar
Maggie's Farm
Marginal Revolution
Michael J. Totten
Mostly Cajun
Neanderpundit
neo-neocon
Power Line
ProfessorBainbridge.com
Questions and Observations
Rachel Lucas
Roger L. Simon
Samizdata.net
Sense of Events
Sound Politics
The Strata-Sphere
The Smallest Minority
The Volokh Conspiracy
Tim Blair
Velociworld
Weasel Zippers
WILLisms.com
Wizbang


Gone but not Forgotten...
A Coyote at the Dog Show
Bad Eagle
Steven DenBeste
democrats give conservatives indigestion
Allah
BigPictureSmallOffice
Cox and Forkum
The Diplomad
Priorities & Frivolities
Gut Rumbles
Mean Mr. Mustard 2.0
MegaPundit
Masamune
Neptunus Lex
Other Side of Kim
Publicola
Ramblings' Journal
Sgt. Stryker
shining full plate and a good broadsword
A Physicist's Perspective
The Daily Demarche
Wayne's Online Newsletter

About this Entry

This page contains a single entry by DaveH published on September 6, 2021 2:22 PM.

And today is National Be... Oh. Wait. was the previous entry in this blog.

A bit close to home - earthquake is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Monthly Archives

Pages

OpenID accepted here Learn more about OpenID
Powered by Movable Type 5.2.9