No 'Dole' for America: How to Recover from COVID

Gett ing America to full employment again won’t be easy. As a recent study by the University of Chicago’s Becker-Friedman Institute shows, the COVID-19 lockdown has changed the dynamic of working. Some workers are now collecting more dollars under the CARES Act, the law that funds payroll protection, than they did when they worked. Those workers may not be eager to return to jobs. Whatever temporary funds they are receiving, employers for their part hesitate to rehire because they don’t know whether they will have cash for wages when their COVID-19 benefits expire. This mismatch suggests unemployment will linger. Read Full Article »