I believe it is an oversimplification of major proportions to lay any problems at the feet of the expanded benefits.
Today, when the new jobless claim information was given, this is one take on the situation...
"And on June 19, another eight states — Alabama, Idaho, Indiana, Nebraska, New Hampshire, North Dakota, West Virginia and Wyoming — also conducted their own phaseouts of these unemployment benefits. The states that have opted for these early phase-outs have done so with the hope of incentivizing workers to rejoin the labor force. Many economists, however, have suggested a confluence of other factors, including childcare difficulties and concerns over getting sick have, have also impacted labor supplies."
Jobless claims: Another 411,000 Americans filed new unemployment claims last week
This is not simple and cannot be simply said in one sentence. Many have changed their entire thoughts on both members of the family working, either for good or temporarily for example.
This will take time and all this "blah blah blah" is not going to change anything or make it better
Keep in mind that many economists feel this labor "shortage" is something the will be us for a long time...
"America is facing a double-dose of workforce challenges, Bradley said. There are too many people without jobs. And there are too many jobs without skilled people to fill them.
A recent national survey of local chambers of commerce, 90 percent reported that it is “difficult” for businesses in their area to hire workers, with two-thirds reporting it was “very difficult,” Bradley said. Less than 1 percent said it was easy to fill jobs.
Many industries are being affected including agriculture, education, manufacturing, healthcare, hospitality, computer software, and construction. A recent survey of the commercial construction industry shows that 85 percent of contractors are having difficulty finding workers, he said. Of those, 34 percent have had to turn down work.
“All this slows down the economy. Indeed, local chambers of commerce are twice as likely to say that a lack of workers is holding back the economy as they are to say that Covid is holding it back,” Bradley said.
American dilemma: Too many jobs. Not enough workers. - Chamber Business News
The US Chamber offers a number of thoughts on addressing the situation....worth at least a quick read.
It is
not one very simple thing.