Greg Hunter gives The Weekly News Wrap-Up for Friday, February 12, 2021 Unemployment took another jump this week with nearly 800,000 new filers. The state unemployment rolls are dropping off as people
NEWS: The US has 20.4 million people receiving unemployment benefits — a sign of ongoing hardship and lack of job opportunities. 1.1 million *new* unemployment applications were filed last week
www.nbcnews.com/business/economy/real-unemployment-rate-closer-10-percent-says-fed-chair-jerome-n1257331 www.cnbc.com/2021/02/10/fed-chair-powell-citing-bleak-jobs-picture-says-policy-will-need-to-stay-patiently-accommodative.html The real unemployment rate in the U.S. is closer to 10 percent, Federal Reserve Chairman Jerome Powell said Wednesday, after misclassification errors are factored in to the official
HOW do pay bills with a debit card? Let’s think of reasons why Biden’s Admin is using Debit Cards? hmmmmm -They made a deal with some Bank! -people never spend
by DCG Remember: The System protects their own. “Washington State Employment Security Department (ESD) Commissioner Suzi LeVine, who came under fire for delays in unemployment benefit payments and the loss of hundreds of
……Spiralling tensions have come to resemble the situation before World War II. …………… “I strongly hope that such ‘hot’ global conflict is impossible now. It would mean the end of
by Financial Argument via Financial Argument Small Businesses Collapse causes rising unemployment. Today, the number of small businesses in the United States is close to 31 million. The number of people working in
by Shaun Richards There are many different ways of gaining an insight into an economy and the labour market is one of the most significant. The credit crunch posed a
A record-setting 3,283,000 people filed for unemployment benefits for the week ending March 21. This represents an unprecedented increase of over 3,001,000 from the previous week’s figures. It’s the highest level of
At least 10% of unemployment claims may have been fraudulent before controls were installed in October, according to Blake Hall, founder and chief executive of the company ID.me., which has
New weekly unemployment claims spiked far more than expected last week to reach a five-month high, as the coronavirus pandemic and stay-in-place orders weighed heavily on the labor market. The
How disconnected are markets from economic reality? One example: Bad news is good as investors expect more stimuli and liquidity injections. High unemployment is historically good for stocks. Astonishing pic.twitter.com/839wuwf3ks
Over the past 30 years, Maral Boyadjian has built up a family real estate business consisting of eight homes in Southern California that she and her husband rent out. “Some
by Shaun Richards Today reminds me of the article I wrote on the second of April where I was worried about the spectre of mass unemployment. It turns out that
About 9 million people are set to exhaust unemployment benefits at the end of this year. What happens to spending at exhaustion? tldr: 1) people don’t prepare for exhaustion 2)
by confoundedinterest17 The US economy is improving, despite governors and mayors insisting on Covid-related economic lockdowns. The Atlanta Fed’s GDPNow Q4 GDP forecast prints at 11.51% as U-3 unemployment falls to