In recent days, much has been said that there is a labor crisis because Americans are not returning to work due to reliance on unemployment insurance benefits .
States like South Carolina and Montana have even announced that they will suspend benefits to make people be forced to hire again in the new opportunities that are emerging with the economic reactivation and mass vaccination.
Although these theories cannot be completely ruled out , for the US Secretary of Labor, Marty Walsh, the economy still has “a lot of way to go ”, especially after the April employment report, which reported that just added 120, 02 new places, when it was expected that almost a million would be generated of them.
“Under normal circumstances, 266, 000 jobs added to our economy would be a huge amount. Unfortunately, we do not live in normal times. When we look at where we are going in this country, we are heading in the right direction, “Walsh told journalist Stuart Varney in an interview for Fox Business.
There is a lot of enthusiasm for the economic recovery in the face of mass vaccination, the stimulus checks issued and the incipient return to normality, but companies have reported difficulties in incorporating new workers.
Bank of America estimated that 4.6 million workers left the ranks of the workforce during the pandemic, and expects only half will rejoin by the end of the year .
Different voices, including that of businessmen, have blamed the Unemployment benefits from keeping Americans at home without much encouragement to rehire.
When Varney asked about that possibility, Walsh replied that it has “very little to do with unemployment insurance. ”
“ I think people do not return to work because their work is not there “, said the secretary and complemented that” unemployment insurance is a temporary solution … But, you know, we are still dealing with a global pandemic “.
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