With Labor Day upon us, it’s time to take a look at which are the hardest-working states in America, and why. It has been a year that daily and weekly work routines have dramatically changed for tens of millions of Americans.
Researchers for WalletHub, a personal finance website, have once again set out to determine which states are home to the hardest working Americans in their annual report. They compare the 50 states based on both direct and indirect work factors, and then apply 10 different metrics to reach an overall score to rank each state.
The direct work factors, according to WalletHub, include “average workweek hours, employment rate, the share of households where no adults work, the share of workers leaving vacation time unused, share of engaged workers, and idle youth.”
The Biden administration signaled to Capitol Hill lawmakers Thursday that it will not support an extension of pandemic-related unemployment benefits.
President Joe Biden won’t advocate for an extension of the $300 unemployment bonus given to millions of out-of-work Americans on a weekly basis, Treasury Secretary Janet Yellen and Labor Secretary Marty Walsh wrote in a letter to Senate Finance Committee Chair Ron Wyden and House Ways and Means Committee Chair Richard Neal. The Federal Pandemic Unemployment Compensation (FPUC) program, which was implemented in March 2020 and extended by Democrats’ recent American Rescue Plan, is set to expire in early September.
“As President Biden has said, the boost was always intended to be temporary and it is appropriate for that benefit boost to expire,” the secretaries wrote.
The U.S. Chamber of Commerce characterized the worker shortage as a crisis that is hurting businesses of all sizes and slowing the nation’s economic recovery.
The biggest challenge U.S. businesses currently face is the lack of qualified workers to fill open jobs, according to the Chamber of Commerce’s America Works Report released Tuesday morning. The national Worker Availability Ratio (WAR) — or ratio of number of available workers to number of available jobs — has dropped over the last several months, the report found.
The current WAR is 1.4, meaning for every job opening there are one or two workers available, according to the America Works Report. The historical WAR average over the last 20 years is 2.8.
McDonald’s plans to hire more than a quarter of a million people over the course of the summer as economic lockdowns continue to slow down, the company announced Thursday.
The restaurant chain will add 260,000 employees as it reopens dining rooms after shutting down amid lockdowns designed to slow the spread of the coronavirus, or COVID-19, according to the president of the company.
Even as a handful of states have made tentative steps back to normalcy in recent days, new jobless claims continue to flood in across all 50 states, driving the number of unemployment claims to 33.5 million over the past seven weeks.
According to data released Thursday morning by the U.S. Department of Labor, 3.17 million Americans filed for new unemployment benefits for the week ending May 2. That was down 677,000 from the previous week’s revised level of 3.85 million but still well above the numbers seen before the coronavirus outbreak led to the shutdown of most of the national economy.
About half of the millions of U.S. workers laid off by the coronavirus pandemic could end up earning more out of work than when they had a job, new analyses of jobless benefits show.
One of the primary service providers to the Lordstown plant in Ohio announced Thursday another round of layoffs for their beleaguered factory workers. Leadec Industrial Services is a German-based service provider of “janitorial, mechanical, and maintenance services” to GM’s Lordstown Auto Plant. In an initial letter, sent on Feb. 13,…