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.
16 million people times $600 a week is $9,600,000,000.00.
A week.
Every week.
L
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
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
Can you explain to me how these “unemployment claims” numbers work? The headlines are for “new claims,” so how are total active claims handled, or are claims renewed each week? Just curious.