The April Employment Situation released on Friday left a lot of people scratching their heads. From businesses who are struggling to hire despite millions on unemployment to economists who expected 4x as many jobs to be added by employers, how can all be true at the same time? Many business leaders were quick to call for an end to expanded federal unemployment benefits, but is that the only impediment to the labor market recovery? Let’s dive into what’s up with the labor market – from variations among state policies, industry differences, the impact of childcare (or lack there of), vaccination rates, and what role does federal unemployment benefits and stimulus play. It’s all connected! Prefer to listen? Catch the deep dive of the Labor Market on this week’s Finance Explained podcast here.