Spreading the truth. Empowering the people.
by Lance Roberts Initial jobless claims for the week ending May 23 were 2,123,000. That’s the 10th-week claims topped 2-million. Ten-Week Total Jobless Claims The ten-week running total of initial … Read more
by UPFINA As we mentioned last week, Connecticut put that they had 10 times the number of initial jobless claims that they actually had. That was a huge mistake which made the … Read more
Weekly jobless claims total 2.981 million, bringing coronavirus tally to 36.5 million POINTS New claims for unemployment insurance totaled 2.981 million last week. That brings the rolling total during the … Read more
Millions of Americans filed for first-time unemployment benefits in March but 71% of them did not receive their benefits that month, delaying aid as laid-off workers struggled to pay rent … Read more
by SpontaneousDisorder via epi.org Millions of the newly jobless are going without benefits as the unemployment system buckles under the weight of new claims, according to our new national survey, conducted … Read more
by UPFINA Before we get into the latest on earnings estimates, jobless claims, and consumer confidence, let’s quickly recognize how unprecedented the period in markets we have just witnessed has been. … Read more
Economist Danielle DiMartino Booth Destroys China – Calls Coronavirus An Act of War in a sit-down with Patrick Bet-David.
by SpontaneousDisorder Taken from ZH www.zerohedge.com/personal-finance/shocking-17-million-americans-have-filed-unemployment-past-3-weeks Why does the stock market pop on this news like the last 2 times? SICK. Chart from bloomberg article archive.vn/UCyY2
Starting the week 'optimistically… FED'S BULLARD SAYS U.S. JOBLESS RATE COULD RISE TO 30% IN 2Q, 2Q GDP COULD DROP RECORD 50%. pic.twitter.com/h4JGxSjaQo — jeroen blokland (@jsblokland) March 22, 2020 … Read more
This is only the first week… (Red dots = Bloomberg Survey) h/t WildAnimus
Looking at the increase in Ohio and using the same % increase for the national number, I get around 6 millions… — Mikael Olai Milhøj (@mikaelmilhoj) March 20, 2020
by Michael Snyder Just a few weeks ago everything seemed completely normal to most people, but now fear of the coronavirus has caused U.S. stock prices to absolutely implode. The … Read more
New High of 90% of Americans Satisfied With Personal Life STORY HIGHLIGHTS Americans’ satisfaction with personal life highest in four-decade trend Two in three Americans say they are very satisfied, … Read more
Another predicament. Continuing Jobless Claims now rising the most since the Great Recession. This index tracks the unemployment rate with an exceptional 0.97 correlation since 1968! Keep this in mind.The … Read more
Continuing jobless claims, which many people view as a better barometer of the health of the jobs market than weekly jobless claims, is spiking higher at an alarming rate pic.twitter.com/VprkqXtW71 … Read more
Mary Greeley News – A fierce struggle over automation has erupted at the Port of Los Angeles, as local union officials representing some 12,000 dockworkers demand that one of the … Read more