The Pandemic of Unemployment Benefits

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republicans say that this shortage has been caused by what they've seen as the biton administration's overly generous covid era unemployment payments. In some of the most generous states when it comes to unemployment benefit, you could be getting 16 dollars an hour from unemployment insurance. And when the federal minimum wage is under eight dollars, which is half of that, it's hard to say that there's no one that is taking advantage of this programme.

US stocks suffered their worst losses in months and government bonds also fell after government data showed the US inflation rate jumped to a 13-year high, and the Colonial pipeline has resumed operations following last week’s ransomware attack. Plus, the FT’s Taylor Nicole Rogers discusses a labour shortage in the US that is making it hard for employers to find enough workers as the economy opens up.

Wall Street ends lower as inflation debate intensifies

https://www.ft.com/content/fd3abbb8-955a-46b3-bc45-9a4fb7b95265

Colonial pipeline resumes operations following ransomware attack

https://www.ft.com/content/b6ac99ea-d7c6-49dd-b7d7-1284ce2e85c0?

US employers struggle to find willing workers after pandemic year

ft.com/content/52ecab21-c90d-4ee7-be7f-612da5355c77

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