Weak U.S. Jobs Data Expose Deep Partisan Divide on Benefits

[Yo_Mama_Been_Loggin]

A dramatically weaker-than-expected monthly gain in U.S. jobs triggered a tense partisan exchange in Washington over the role of enhanced unemployment benefits in holding people back from filling job openings.

President Joe Biden said there was “nothing measurable” in Friday’s report to back up suggestions that the $300 a week extra in jobless benefits extended in his March pandemic-relief bill was stopping people from returning to work. The April data showed a 266,000 increase in payrolls -- less than half of the weakest forecast in the Bloomberg survey.

Senator Marco Rubio, a Florida Republican, reflected the view of many in his caucus, saying he’d heard plenty of businesses saying “they can’t hire people because the government is paying them to not go back to work.” The Chamber of Commerce called for a repeal of the supplemental benefit.

The split showcases a deep divide over the role of government in helping the economy recover from the coronavirus pandemic.

https://www.msn.com/en-us/news/politics/weak-us-jobs-data-expose-deep-partisan-divide-on-benefits/ar-BB1gtvwT

Know what I heard many people say? Little Marco is a fucking idiot.

[LonePirate]

1. Why were those estimates from the Bloomberg survey so high?

Maybe that should be examined instead of why the reported numbers were so "low."