Jobs Report Falls Short Again
Today, the Bureau of Labor Statistics reported there were 559,000 new jobs filled in May. That number falls short of the 671,000 jobs economists were expecting to be filled.
This is the second consecutive month with fewer jobs created than expected. In April, economists expected 1,000,000 new jobs, but only 266,000 new jobs were created.
“The economy is coming back but Michigan small businesses are struggling and ’Help Wanted’ signs are posted all over our region as the Biden Administration continues to pay extra money to people who are not working. It’s unfair for small businesses who have to compete against the Biden Administration when they are looking to hire, and this extra benefit discourages work at a time when there are a lot of job opportunities,” said Congressman John Moolenaar.
Last month, Republicans in the Michigan Congressional delegation asked Michigan Governor Gretchen Whitmer to opt the state out of the extra federal benefit for unemployment.