FGA Report Shows Governor DeSantis Accelerated Economic Recovery by Ending the Unemployment Bonus Early

NAPLES, Fla., Oct. 7, 2021 /PRNewswire-PRWeb/ -- This week, the Foundation for Government Accountability (FGA) released a report that confirms Florida's economic policies act as a model for the national economic recovery. Governor Ron DeSantis's early expiration of the $300 weekly unemployment bonus is the latest pro-work reform helping Floridians prosper.

The research also found that ending the unemployment bonus cycled Floridians back to work, helping businesses struggling with a nationwide labor shortage. Florida employers hired nearly 1.3 million new workers in the months after Gov. DeSantis announced he was ending the unemployment bonus. Meanwhile, entrepreneurs created nearly 150,000 new businesses, an outcome likely attributed to pro-entrepreneur initiatives passed in the most recent legislative session.

"Florida was hit by the same labor shortage that Congress encouraged with the $300 weekly unemployment bonus. By ending this harmful policy early, Florida helped countless workers and businesses alike," said Hayden Dublois, Senior Research Analyst at FGA and Florida resident. "The leadership of Governor DeSantis empowered 1.3 million Floridians to return to work and fostered the creation of thousands of new Florida businesses. Florida is often referred to as a model state for many policy issues, and now it has become clear that Florida is the model for economic recovery across the nation."

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The Foundation for Government Accountability (FGA) is a non-profit, multi-state think tank that specializes in health care, welfare, work, and election reform. To learn more, visit TheFGA.org.

Media Contact

Kristen Eichamer, Foundation for Government Accountability, 239-300-9081, [email protected]

SOURCE Foundation for Government Accountability

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https://thefga.org/