It’s been a few weeks since majority of states have declared the official expiration of pandemic unemployment benefits leaving millions of Americans knees deep in a financial crisis.
Though numerous officials have argued that the decision to end assistance programs will help the economy and force people to get a job, statistics show that there has been no recorded boost in employment growth yet!
“Economists analyzing the unemployment issue have seen little evidence yet that cutting off the benefits has provided a clear boost to local labor markets, in part because of difficulties separating the influence of the payments from larger shifts in the labor force, or of the potentially offsetting damage done by the pandemic,” read a statement from Reuters.
Last week Tuesday within a virtual town hall meeting, Rep. Alexandria Ocasio-Cortez ( AOC ) announced her plans to introduce a new bill to extend the additional $300 in Pandemic Unemployment Assistance through February 2022.
According to Fox News the amendment would alter the attended expiration date of benefits from Sept. 6, 2021 to February 2, 2022 with retroactive reimbursement for unemployment recipients.