Kristen Broady, an economist at the Brookings Institution,
AP News that the economy has changed as some businesses have allowed their workers to continue working from home, at least for part of the week, likely hurting restaurants, coffee shops, and other businesses of that nature. "When you think about those people," Broady said,"their work circumstances may never go back to pre-COVID."
Goldman Sachs also noted that it's hard to know when labor supply and wage growth will normalize, partly due to the conversation surrounding unemployment benefits. While President Joe Biden extended weekly $300 unemployment benefits through September 6, anHowever, some lawmakers, like Sen. Bernie Sanders of Vermont, arethe Biden administration to keep the benefits flowing to workers in those states who need the extra aid.
"Workers who lack access to childcare, have lost employer-sponsored health insurance, and fear for their health and safety as we work to get every American vaccinated are entitled to these benefits," Sanders wrote in a letter."They will be forced into poverty — either with poor jobs with unfair wages or no income at all — if you fail to provide these benefits."Start your day with the biggest stories in politics and the economy. Sign up for 10 Things in Politics.
Yes, but the only sectors I see hiring are restaurants, retail, call centers and hospitality. What about the sectors that are paying great wages?
Except inflation is over 4.2% CNBC Forbes
good
Why don’t You offer Them more than your necessary positions filled. Do you see what I’m trying to say?