Video file

Citation From the May 7, 2021, edition of CNN's At This Hour with Kate Bolduan 

KATE BOLDUAN (ANCHOR): There are a couple states that are actually getting rid -- planning to cut off the federal assistance and jobless benefits because they see it kind of -- they are seeing a labor shortage. Do you think this is a signal, this report in what we see and what you're hearing, that the extended government jobless benefits to millions of people were too generous? 

JASON FURMAN (FORMER CHAIR, COUNCIL OF ECONOMIC ADVISERS UNDER PRESIDENT OBAMA): They were a wonderful thing to do last year. Part of the theory last year was to enable people not to work if it was unsafe for them to work. They were probably set at a reasonable level for January, when we were in a huge surge in the pandemic. To have benefits where about half of workers are getting more from being unemployed than being employed in June and July when the pandemic should hopefully be way down, I don't think that made a whole lot of sense.