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In response to
"uh, yes, that's because less people are eligible to file. It doesn't mean there's any change in actual unemployment."
by
ty97
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Right, and there's this from Baron's link. -- (edited)
Posted by
Inigo (aka Inigo)
Jul 1 '21, 06:44
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"Weekly data from small business time provider Homebase through the week ending June 20 in fact has shown no pickup in hiring in the states cancelling unemployment benefits. To the contrary the other states appear to have added jobs faster in recent weeks - a possible consequence of the fact that large Democratic-led states like California and New York have recently lifted most of the remaining restrictions put in place to fight the pandemic."
So, sure. Less people are filing for unemployment benefits in those states, but they don't appear to be searching for new jobs at a higher rate, or getting hired more, if at all.
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