Job market and unemployment explained


KNOXVILLE, Tenn. (WATE) — There are a lot of questions surrounding jobs, and unemployment benefits right now.

Companies are struggling to find enough workers, and earlier in the week, Governor Bill Lee announced extra unemployment benefits would end in July.

The governor’s office described the move as a push to return to work, but are those extra unemployment payments really the thing keeping people out of the workforce?

An economics expert from the University of Tennessee says the answer, like in most complicated situations, is both a yes and no.

Dr. Wannamaker answered multiple questions when we talked with her including April’s labor report, and if the happenings we are witnessing right now a sign that wages need to rise?

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