Posted on 03/20/2020 8:15:05 AM PDT by aimhigh
The US Department of Labor sent guidance to state labor agencies on Wednesday, asking them to hold off on releasing unemployment claims data earlier than the regularly scheduled national report on initial claims, according to a state labor agency.
The department asked state officials in an email Wednesday to only "provide information using generalities to describe claims levels (very high, large increase)" and keep the exact figures under embargo until next Thursday, according to The New York Times, which obtained the email.
Last week, 281,000 Americans filed for their first week of unemployment benefits a sudden 33% spike from the week before that is "clearly attributable to impacts from the COVID-19 virus," according to a Labor Department report Thursday.
(Excerpt) Read more at cnn.com ...
It can only get worse I suspect...
So much for Trump’s “greatest economy”. He let the communists destroy it with a hoax virus. He was on the right path in January until he surrounded himself with the public health service liberals.
For sure. You stop the entire economy for unknown time, its going to take two decades to get back to the previous time.
If ever...It may never come back.
why would they do this?
This isn’t surprising at all. When all these Mayors and Governors shut their cities/States down, what do they expect people to do? Sit at home and do nothing? Wish against wish that the bills are magically paid since Mr Know-It-All Mayor knows your employer can’t offer you work?
Another cover up that can be charged by the democrats. Don’t see the advantage in hiding it...probably will be 20 million claims.
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