Will cutting unemployment benefits in America ease labour shortages?
“As america reopens for business, labour shortages continue to worsen. Firms are advertising over 9m vacancies, the highest on record. Bosses complain they are unable to find people to serve drinks, staff tills or drive trucks. So in an attempt to eliminate the shortages, half of states are ending a $300 weekly top-up to unemployment insurance (ui), in place since January, as well as other pandemic-related ui programmes. Is this change having the desired effect?”