Sasse introduces legislation to convert boosted unemployment benefits to 'signing bonus'

Sen. Ben Sasse introduced legislation that would reallocate pandemic unemployment benefits into a signing bonus for those who get a job in an attempt to encourage workers back into employment following the disappointing April jobs report.

Sasse introduced the plan on Tuesday in an effort to reward those currently collecting unemployment insurance if they secure a job. The legislation comes as the economy blossoms from its pandemic slump, yet employment has lagged. The difference has resulted in an excess of job openings with not enough workers and fears that unemployment benefits are incentivizing workers to stay off the job.