Covid-19’s Omicron variant is causing new business disruption, but the good news is that continuing jobless claims have fallen to the lowest since March 7. Companies are having a hard time finding workers, and a new National Bureau of Economic Research working paper shows the job market would have bounced back even faster without expanded unemployment benefits.

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https://www.wsj.com/articles/pandemic-jobless-benefits-and-work-unemployment-expansion-stimulus-covid-19-workforce-participation-omnicron-build-back-better-11641163730