JAPAN-TOKYO-OLY-OPENING CEREMONY Fireworks explode over Olympic Stadium during the opening ceremony of Tokyo 2020 Olympic Games in Tokyo, Japan, July 23, 2021. Credit – Liu Dawei–Xinhua/Getty Images With a volley of fireworks at National Stadium, the Tokyo Summer Olympics ended with a bang. In economic terms, though, it felt more like a whimper. The Olympics
Tag: benefits
When an underwhelming job report was released in early May, a number of politicians and advocacy groups pointed to one key reason for the slow growth as the country continued to work its way out of the pandemic: Expanded unemployment benefits from the federal government. “The disappointing jobs report makes it clear that paying people
When it comes to free money, Americans may be getting too much of a good thing. Under President Biden’s recently enacted $1.9 trillion American Rescue Plan, workers who lost their jobs to the pandemic shutdowns and scale-backs are now earning more in unemployment benefits than they did in wages. And that is stopping people from