The Chamber of Commerce, probably the most well-known business group in the country endorsed mostly Democrats in the 2020 election. Every one of the candidates they supported who won voted for the n$300 a week supplemental unemployment benefit. There are a lot of job openings but that extra $300 makes it almost impossible to get people off unemployment and back to work. The incentive is not to work.
The governors of several states see this as a major promise and have announced the program in their states will be ending in late June. Montan is paying unemployment recipients a one-time payment of $1,200 to get a job and to get off unemployment. This has hurt the member companies of the Chamber and must be causing many to wonder whose side the Chamber of Commerce is on.
Neil Bradley, the Chamber’s executive vice president and chief policy officer sai9d:
“The disappointing jobs report makes it clear that paying people not to work is dampening what should be a stronger jobs market. We need a comprehensive approach to dealing with our workforce issues and the very real threat unfilled positions poses to our economic recovery from the pandemic.”
The $1.9 trillion “American Rescue Plan Act of 2021” passed the House on a narrow 219-212 vote in February. Of the 23 House Democrats endorsed by the U.S. Chamber during the 2020 election cycle, 15 won re-election. All 15 of these Democrats voted to pass the American Rescue Plan which extended the Biden Bucks program through Labor Day.
The U.S. Chamber’s endorsement of 23 House Democrats was a notable increase compared to prior years. During the 2018 cycle, the Chamber reportedly endorsed only 7 House Democrats. According to the U.S. Chamber’s own assessment of its impact on the 2020 House elections, the “U.S. Chamber endorsements are known to have a big impact and that rang true in 2020.”
South Carolina Gov. Henry McMaster (R) announced Thursday the state would stop participating at the end of June in the federal government’s supplemental unemployment benefits program, which provides an extra $300 a week to the jobless, as many Republican officials are claiming the payments disincentivize workers to get back on the job.
McMaster said Thursday he made the decision “to address ongoing workforce shortages throughout South Carolina.”
On Wednesday, Montana Gov. Greg Gianforte (R) said he would withdraw from the program by June 27, also claiming his state was being plagued by a labor shortage.
Montana will instead offer a one-time $1,200 bonus for returning to work, Gianforte said.