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Labor Sec.: ‘There Is No Correlation’ Between Extra Unemployment Benefits and Labor Shortages
Stephanie Ruhle Reports
Name: Stephanie Ruhle Reports
Martin J. Walsh
Name: Martin J. Walsh
Employment: US Department of Labor
Position: Secretary of Labor
07/02/2021 09:50 am
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RUHLE We now have ░░░░░░░░ turn back to our ░░░░░░░░ story of the day ░░░░░░░░ June jobs report showing ░░░░░░░░ our nation is continuing ░░░░░░░░ be on an economic ░░░░░░░░ The President expected to ░░░░░░░░ the report in the ░░░░░░░░ hour but we re ░░░░░░░░ the administration s reaction ░░░░░░░░ the numbers before that ░░░░░░░░ want to bring in ░░░░░░░░ S Labor Secretary Marty ░░░░░░░░ Secretary your reaction to ░░░░░░░░ June jobs report WALSH ░░░░░░░░ is a good strong ░░░░░░░░ report We re happy ░░░░░░░░ see I m happy ░░░░░░░░ see 800 000 jobs ░░░░░░░░ heree Obviously the strongest ░░░░░░░░ are hospitality restaurants We ░░░░░░░░ seeing good gain coming ░░░░░░░░ in those sectors as ░░░░░░░░ And we ve seen ░░░░░░░░ moderate job growth I ░░░░░░░░ wage growth which is ░░░░░░░░ as well So overall ░░░░░░░░ is a good report ░░░░░░░░ certainly know we still ░░░░░░░░ work to do but ░░░░░░░░ shows that President Biden ░░░░░░░░ economic plan has been ░░░░░░░░ Since the President has ░░░░░░░░ in office he s ░░░░░░░░ about 600 000 jobs ░░░░░░░░ month which is a ░░░░░░░░ sign for our country ░░░░░░░░ a good sign coming ░░░░░░░░ of the pandemic RUHLE ░░░░░░░░ the last time you ░░░░░░░░ I spoke you said ░░░░░░░░ did not see worker ░░░░░░░░ as a problem You ░░░░░░░░ not believe enhanced unemployment ░░░░░░░░ were keeping people home ░░░░░░░░ since then more than ░░░░░░░░ states have dropped enhancement ░░░░░░░░ benefits the White House ░░░░░░░░ sort of changed its ░░░░░░░░ saying states got to ░░░░░░░░ what they want to ░░░░░░░░ Have you changed your ░░░░░░░░ WALSH No I haven ░░░░░░░░ And I anticipated this ░░░░░░░░ would come to me ░░░░░░░░ so we looked at ░░░░░░░░ states where they ve ░░░░░░░░ dropped or are threatening ░░░░░░░░ drop the unemployment extended ░░░░░░░░ and we are not ░░░░░░░░ anybody there we haven ░░░░░░░░ seen a reduction in ░░░░░░░░ looking into work So ░░░░░░░░ re seeing there s ░░░░░░░░ correlation between the 300 ░░░░░░░░ it and people going ░░░░░░░░ into the job market ░░░░░░░░ haven t seen it ░░░░░░░░ the last month RUHLE ░░░░░░░░ we necessarily have to ░░░░░░░░ at dropping benefits as ░░░░░░░░ bad thing It is ░░░░░░░░ great thing that after ░░░░░░░░ many months of suffering ░░░░░░░░ re actually recovering quicker ░░░░░░░░ we thought Can that ░░░░░░░░ be used in other ░░░░░░░░ to impact people in ░░░░░░░░ where they need it ░░░░░░░░ if they don t ░░░░░░░░ an expanded unemployment WALSH ░░░░░░░░ I believe they need ░░░░░░░░ expanded unemployment They need ░░░░░░░░ to keep food on ░░░░░░░░ table they need it ░░░░░░░░ keep a roof over ░░░░░░░░ head This has ban ░░░░░░░░ difficult year for a ░░░░░░░░ of people Lots of ░░░░░░░░ that were on unemployment ░░░░░░░░ lost their job Man ░░░░░░░░ didn t lose their ░░░░░░░░ during the pandemic Companies ░░░░░░░░ able to adjust to ░░░░░░░░ and able to adjust ░░░░░░░░ keep them on the ░░░░░░░░ They were able to ░░░░░░░░ their pensions their 401 ░░░░░░░░ s their health care ░░░░░░░░ millions of Americans lost ░░░░░░░░ job completely and they ░░░░░░░░ not know what the ░░░░░░░░ would bring So that ░░░░░░░░ is helping families get ░░░░░░░░ this pandemic There is ░░░░░░░░ couple more months left ░░░░░░░░ the extension of the ░░░░░░░░
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