Are unemployment benefits causing a worker shortage? No one knows for sure.

A customer walks behind a sign at a Nordstrom store seeking employees, Friday, May 21 in Coral Gables, Fla. The number of Americans seeking unemployment benefits dropped last week to 406,000, a new pandemic low and more evidence that the job market is strengthening.

JEFFERSON CITY, MO. (KCTV) — Saturday marks the end of the federal unemployment benefit for jobless Missourians.

Governor Mike Parson announced the move last month, claiming the benefits “have incentivized people to stay out of the workforce.”

The $300 a week federal benefit for unemployed workers is set to expire on the federal level in September, but at least 25 states have said they’ll end benefits early.

Some business owners agree with the governor that the benefit is keeping workers at home. But experts say there are other reasons, as well.

“I think there are multiple reasons why folks are staying out of the workplace,” said UMKC Associate Professor of Finance Nathan Mauck.

Mauck believes some unemployed people have been reluctant to look for work because they fear catching the virus.

Others have found new occupations rather than return to their old jobs. And many workers, especially working mothers, have had to leave the workforce to care for children.

If you are an unemployed worker in Missouri affected by this change, we want to hear from you. Please contact us at Investigate@kctv5.com

KCTV5.com is now with you on the go! Get the latest news updates and video, StormTrack5 weather forecast, weather radar, special investigative reports, sports headlines and much more from KCTV5 News. 

>> Click/tap here to download our free mobile app. <<


Copyright 2021 KCTV (Meredith Corp.) All rights reserved.

Recommended for you

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.