What Will Happen When Half Of US States Terminate Enhanced Jobless Benefits : The Indicator from Planet Money In a few weeks, more than half of the fifty states will terminate the pandemic assistance unemployment benefits. What does this reveal about the current state of the economy?

The Jobless Benefits Experiment

The Jobless Benefits Experiment

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Alex Edelman/AFP via Getty Images
(Photo by ALEX EDELMAN/AFP via Getty Images)
Alex Edelman/AFP via Getty Images

The U.S. economy is recovering from the pandemic, with some industries rebounding at incredible speed. The hospitality and restaurant industry even has a labor shortage problem. Some business owners believe the weekly $300 pandemic unemployment benefit is a major reason behind the slower than expected job growth.

Twenty-six state governments agree. Mississippi, Missouri, and Iowa were among the first states to terminate pandemic unemployment benefits. During the past weekend, Florida and Texas ended the special program as well. The other 24 states believe the enhanced benefits should continue through September to alleviate the lingering economic pain from the pandemic.