Job searches jumped by 5 percent in 22 Republican-led states on the day each announced it was moving to end the Biden administration’s pandemic unemployment benefit boost, a Thursday analysis shows, suggesting a link between the jobless compensation top-up and peoples’ interest in looking for a job.
While the analysis, authored by Jed Kolko, Chief Economist at the Indeed Hiring Lab, notes that the increase in job searches was “temporary, vanishing by the eighth day after the announcement,” it may be viewed as an arrow in the quiver of those who contend that generous unemployment benefits are creating a disincentive for people to take up jobs.
