Three Federal /State stimulus programs stop paying….
We’ll see how this loss of money effects the job market for America….
Businesses ARE begging for more staff…..
Will more people go back to work?
The economy is NOT as strong as some thought it was also….
Will the loss of income set off a slowing in consumer spending?
Will Democrats in Congress try to put in place a new round of unemployment stimulus increases?
What is the political effect of this?
The cessation of this jobless aid, first put in place by Congress nearly 18 months ago, could upend the lives of millions of Americans still struggling to find work at a time when the pandemic’s delta variant is wreaking fresh havoc across a number of states. It could also lead to a sharp pullback in spending, particularly in certain areas of the country, impacting a wide range of restaurants and other businesses that rely on consumer dollars.
“I don’t understand how anyone in Washington cannot know normal people, their friends, families, cousins who are going through this,” said Kathleen Fox, a producer in New York whose past work has been recognized with a prestigious Peabody Award but who has struggled to find work after the pandemic upended her industry. “The [Biden] administration has lost interest in this cause and they’ve moved on to other things.”….