Fed policymakers are poised to raise interest rates at their March meeting and then continue raising them, in order to slow the economy.
Workers might be in a better position to push wages up if employers are forced to compete with both the fear of the pandemic and increased unemployment payments.
Sanders is hardly alone in calling on Walsh to do everything in his power to ensure that jobless workers continue receiving benefits regardless of Republican governors' actions.
“The reason for this is because women are over-represented in the hardest-hit sectors: service, leisure/hospitality, education and healthcare services.”
While workers are seeing modest real wage growth, it is much less than would be expected with the lowest unemployment rate in 50 years.