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Stock impact report

Unemployment benefits become target amid hiring difficulty [FOX Business Network]

McDonald's Corp (MCD)  More Company Research Source: FOX Business Network
Last mcdonald's corp earnings: 4/30 06:58 am Check Earnings Report
US:NYSE Investor Relations: corporate.mcdonalds.com/mcd/investors.html
PDF A lackluster jobs report Friday added fuel to efforts in Florida and elsewhere to reduce access to unemployment benefits that some state and industry leaders say have kept people from returning to the workforce. The country is in a striking predicament, with millions unemployed and businesses that can't find enough people to hire at current wages. The mismatch has prompted several states, including Florida, Montana and North Carolina, to tighten reporting requirements to receive unemployment benefits and shut off payments to people who turn down work. In some cases, states are ending access to federal pandemic unemployment payments. The U.S. Chamber of Commerce called for an immediate end to a $300-a-week federal jobless supplement. "The disappointing jobs report makes it clear that paying people not to work is dampening what should be a stronger jobs market," said Chief Policy Officer Neil Bradley. President Joe Biden and Treasury Secretary Janet Yellen defended the jobs repor [Read more]
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