Kate Davidson

speaker
334 appearances 5 recordings 1 series first heard Dec 2017 last heard Jun 2021

Kate Davidson’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Lawmakers Consider Incentives to Get People Back to Work · 3 Jun 2021 podcast
The debate has kind of centered around the 300, should it stay or should it go?
But beneath the surface, there's interesting conversations about, OK, how can we get workers to come back?
Thanks for having me.
Well, we've certainly been hearing from employers for a while now, several months, that they've been having a hard time finding workers.
In any sort of economic downturn, there's always a big debate about whether this is really a problem with employers engaging
you know, they're really workers not willing to work or are employers just not offering enough money.
But there is some data that can help us, you know, figure this out a little bit.
So we know that job openings reached a record level at the end of March.
There's 8.1 million job openings, and that's reflective of a widening gap between open positions and workers who are willing and able to take those roles.
So there is some truth to this, but it's still sort of an open question about why this is happening.
You know, there's many millions of people
out of work.
You know, still a big hole here from this pandemic recession.
But there's a question about why people aren't taking these jobs right now.
This program that you just mentioned, of course, that's one of the reasons that employers and I think Republicans, business groups are pointing to for why workers aren't coming back.
Since last year, actually, Congress agreed at the beginning of the pandemic to basically expand jobless benefits.
They were giving people more money than they ordinarily would get in their weekly benefit checks.
Last summer, it was $600.
It was scaled back to $300.
But people still say that this is pretty large.
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