CBS News Unemployment Report and Its Future Impression

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Key Take-Aways from the Report

The report by CBS details how seven and half million Americans are set to lose their weekly unemployment benefits as directed by the government. These people have no jobs and rely on these benefits to carry on with their lives (CBS News, 2021).

In addition to the weekly unemployment benefits, they also rely on eviction moratorium, stimulus cheques, and child tax credit to ensure they meet their needs. The withdrawal of the funding is anticipated to provoke these unemployed Americans quickly find work. The COVID-19 pandemic was instrumental in influencing people’s thinking on work as some are unwilling to take jobs that do not satisfy them anymore. Others are unwilling to take up jobs that predispose them to excess physical contact with many people because this endangers their health. The government has directed states to direct the American rescue plan fund to these benefits, but none are willing to adopt that approach as they insist on employment.

Impression of the Future

The report highlights the widespread situation in the general American republic and across the world. The pandemic led to job losses, and nations that provided unemployment benefits offered a lifeline to their citizens. Withdrawing these support systems without a meticulous plan for employment is misleading. The government should first ensure that the majority of the American citizens have jobs before withdrawing these benefits.

This is because withdrawing the benefits without an alternative for these people is set to interfere with their ability to meet their needs and cater to their families. The labor system in America also requires reevaluation to ensure that jobs available meet the skills and abilities of the American people. This entails ensuring that jobs have enhanced healthcare protocols that protect employees from the pandemic. There is a need to adjust the minimum wage and pay structure in various departments to ensure that the American people are paid their worth and the changes in the cost of living considered.

Reference

CBS News. (2021). [Video]. YouTube. Web.

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