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“As working from home becomes more widespread, many say they don’t want to go back”

- see https://www.cnbc.com/2020/04/24/as-working-from-home-becomes-more-widespread-many-say-they-dont-want-to-go-back.html


736 posted on 04/24/2020 4:51:55 PM PDT by Fury
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To: Fury

Why coronavirus jobs crisis isn’t as bad as it may seem

There is nothing good in those numbers — until you regain your senses and look at the situation objectively.
Why? Because many of the people who filed for unemployment benefits haven’t really been laid off. What their companies did was “furlough” them...

“If you look very deeply in the Bureau of Labor footnotes, you’ll find this: “the number of unemployed people who reported being on temporary layoff more than doubled in March to 1.8 million.”

“This 1 million gain represented the bulk of the increase in unemployment,” the US Labor Department said. The number of people who said they’ve lost their jobs permanently only increased to 1.5 million.”

https://nypost.com/2020/04/16/coronavirus-jobs-crisis-not-as-bad-as-it-may-seem/


742 posted on 04/24/2020 5:27:50 PM PDT by blueplum ("...this moment is youhttpr moment: it belongs to you... " President Donald J. Trump, Jan 20, 2017))
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