Posted on 04/09/2020 5:36:51 AM PDT by DoodleDawg
Unemployment claim figures for last week are out.
Any of them government “workers”?
ML/NJ
6.61 Unemployment Claims Filed Last Week
Who was the .61?
You might want to recheck your title.
other than the military, there are no “essential” government workers.
16 million people times $600 a week is $9,600,000,000.00.
A week.
Every week.
L
Oops.
We are laying you off for 1 day and most of a day.
Fine, I’m filing a .61 unemployment claim!
I have to shake my head at how some are saying these are *lost* jobs. I would say many are jobs put into *idle* mode by the various government lockdown orders, and in some cases, lockdown orders by the businesses themselves. We really won’t know how many lost jobs there are until the country starts opening back up. But it seems a good bet we’ll have more unemployed after the dust settles than we did coming into 2020.
Wanna bet that now the numbers are up and the rats literally have what they’ve always wanted they will convince those who are locked in to stay because “trump wants you dead if you go back to work all he cares about is corporations making money” the media’s false narrative: EXPERTS have proven that the virus is all around us! in the air you breathe
For 4 month.
I really hope the can’t get an extension after the 4 mos.
Hey, might as well—presumably there’s still an extra $360 a week in it for you!
Read where 70% of those on unemployment will make more money than when working. Good luck bringing them back. The last unemployment mess only got better when sequestration happened, ending the Dem gravy train rewards for sloth.
I would not be surprised, for example, if 40%-50% of the traditional restaurants (i.e., not fast food joints) in the U.S. don't open again.
Except that I got the math backwards.
I know people who own restaurants and they can close for a few months because they can afford to. Many folks around here where I live have made up lost business in take out and they tell me they should come out OK.
That is temporary, you have to find a job.
Using back of the envelope calculation that means unemployment is around 12% - 13%. That tops peak unemployment during the early 80s recession.
Here is a link for the BLS’s Employees on nonfarm payrolls by industry sector and selected industry detail for anybody that is interested. The leisure and hospitality sector of the economy had ~16M employees. Retail trade had ~15.5M employees. I think it is likely these 2 sectors account for most of the layoffs.
https://www.bls.gov/news.release/empsit.t17.htm
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