U.S. states putting an early end to federal unemployment benefits saw a larger jump in local labor supply in June than those planning to maintain the $300 weekly supplement until early September, new data show, though there was no clear sign ithad led to significantly more hiring.
www.reuters.com
Quoting from linked article,
While that may indicate the withdrawal of benefits is having some of the impact intended by the governors who cut off the stipend, and causing more people to seek employment, the numbers are small in a national labor force of 161 million and come with a cautionary note: Job gains in both groups of states were roughly the same.
I agree, it is time for this benefit to end. But don't look for any significant change in employment. You see companies complaining, and blaming that stipend, for their inability to attain labor. But the real problem is lack of wage growth. In an economy where increasing number of people are attaining income through side hustles, like Uber, Ebay, or Amazon delivery, there is no way in hell they are going back to the grind without a significant increase in pay. Even $15 an hour is not enough. Supply and demand, at current market wages there is little supply, eliminating that stipend is not going to change that dynamic.