Unemployment Benefits and How will it Affect Local Workforce

According to the Associated Press, the number of Americans applying for unemployment benefits recently increased despite signs that the U.S. labor market is rebounding from recession that came with the COVID-19 pandemic. Weekly unemployment benefits claims have fallen steadily most of the year since topping 900,000 one week in early January. However, Omicron, the new and highly contagious COVID-19 variant, is spreading rapidly across some parts of the world, which could take away some of the gains made in the U.S. workforce.

COVID-19 forced consumers to stay home as a health precaution and businesses to close or reduce hours and to lay off staff. In March and April last year, employers shed 22.4 million jobs. Some European nations are beginning to implement lockdowns across entire countries and growing concerns over the new highly contagious variant are becoming more apparent for governments across the world.

How will these new developments affect our region? It is hard to say. Nevada has identified its first person infected with the Omicron variant within the state and it has become the most dominant infectious variant within the U.S. This may impact the state and could bring in new restrictions and shutdowns leading to another surge of unemployment. Experts are advising unemployed workers to apply for unemployment benefits if they think they may qualify.

Here at Hopkins Distribution, we are working to navigate and stay up to date on policies that could be implemented and will bring new updates when they are available. Until then, Hopkins Distribution is still offering our public and contract warehousing in Northern Nevada. Hopkins Distribution is still a great t choice for a third-party supply chain management in the Reno-Sparks and Northern Nevada region. For companies looking for an efficient west coast distribution 3PL company, reach out to one of the best in the business and use Hopkins Distribution.

Interested parties can request an estimate online or give us a call us today at (800) 655-3644 to learn more about what Hopkins Distribution has to offer and how we can optimize supply chain’s efficiency for businesses needing efficient logistical solutions.