to most Americans, is set to significantly juice the economy and job market this year, the research firm says.
But the economy will have to grapple with other legacies of the pandemic, as well. The number of Americans unemployed six months or longer rose by 70,000 last month to 4.2 million and is up from just 1.1 million before the crisis. Such workers are considered long-term unemployed and typically have a tougher time landing new jobs because their skills erode or employers are simply more reluctant to bring them on.
Some employers say the smaller labor force and expanded unemployment benefits provided by the COVID relief package may be making it tougher to find job candidates. Two Men and a Truck is trying to hire at least 2,000 workers this month at its more than 350 franchise locations as the spring home-buying season ramps up in an already hot housing market.
Don't you believe it! It is known that the feds miss LOTS of people (up to an additional 20% of the populace) by not counting people who have fallen off the unemployment rolls.
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