HomeBudget & Tax NewsIllinois Still Not Fully Back to Work

Illinois Still Not Fully Back to Work

By Kyle Kimball

(The Center Square) – Nearly a month after the expiration of extended federal unemployment benefits, Illinois is still not close to being fully back to work.

Todd Maisch, president and CEO of the Illinois Chamber of Commerce, a disconnect between policymakers and pandemic management may be a reason why.

“Policymakers – both in Illinois and nationally – have not evolved enough in their thinking to really address these emerging issues in recognizing the fact that they’re likely to be with us for years,” Maisch said.

Ultimately, it’s the difference between confronting the economic realities of a pandemic versus an endemic.

All this in the run-up to the all-important holiday shopping season, where there’s a trifecta of concern: workforce scarcity, inflation fears, and ongoing supply-chain issues.

“If you have something you have to buy for your family or a loved one for Christmas, and if you haven’t ordered it already, get on the internet, go to the store, order it now.”

Maisch says employers are doing their best to hire and retain employees.

“[Employers are] instituting hiring bonuses or saying, ‘if you stay with me for a while, we’re going to give you another bonus in six months,’” Maisch said. “But even that has its problems because employees who have been there two or three years are then saying, ‘Why are the newbies getting these bonuses?’. So, it’s truly difficult for employers to navigate this current labor climate.”

 

Originally published by The Center Square. Republished with permission.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

- Advertisement -spot_img

Recent Comments