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PPP has been one of the least discussed factors of the 2020/2021 COVID Stimulus packages, mostly only relevant to small business owners. And as our Government prepares to dish out the third wave of these forgivable loan plans for small businesses, we have to talk about the smoke screen that this has created for the unemployment rate in the U.S.

While some estimates claim this program has saved nearly 50 Million Jobs, we'll analyze why that figure might actually be a fraction of what is being reported.

Nearly $800 Billion Dollars has been pumped into the pockets of employers/employees allowing individuals to keep their jobs and companies to put profits into other avenues. But what happens when this program dries up by the beginning of Summer? Will we see an increase in the unemployment rate that seems stuck at just under 7%?

Are we saving jobs or just delaying the inevitable?

Hosts Zack Hayes and Phil Hayes break it all down in this week's episode of Pure Speculation. Follow us on Twitter @strugglestate

New episodes of Pure Speculation every Friday on 32andmain.com or wherever you get your Podcasts.

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