The spectre of mass unemployment is starting to haunt us
by Shaun Richards Today’s topic is one that I hoped never to have to write. If we look back to the last century then mass unemployment scarred the economic landscape … Read more
unemployment
Weekly unemployment numbers
by trophicspore2 Let’s rally together and estimate all unemployment numbers again: Also looks like last weeks number are going up “Last week’s headline number of 3.28 million claims — itself a … Read more
Good luck collecting Unemployment… States don’t have the money to pay the claims… Their revenue streams have collapsed as well!
But the crooks in Washington DC got paid off… The websites to apply for Unemployment aren’t “crashed”… They shut them down. Will we see the eventual break up of the … Read more
49 Percent Of U.S. Companies Expect Layoffs “In The Next Three Months” As Unemployment Heads To Great Depression Levels
by Michael Snyder If the U.S. economy remains in shutdown mode for the next several months, we are going to witness layoffs like we have never seen before in U.S. … Read more
I will be making more money on unemployment than I did working
by jebronnlamezz No fucking bullshit with this $600 fresh from the BRRRR per week on fucking top of the $500 I claim weekly I’ll be pulling roughly $900/week after taxes. … Read more
A Massive Surge Of Unemployment Like America Has Never Seen Before
by Michael Snyder The pace at which Americans are losing their jobs is absolutely breathtaking. According to the Wall Street Journal, the largest number of new claims for unemployment benefits ever … Read more
Current Unemployment rate: 5,797,000
by theoreticalpigeon EDIT: This is Unemployment data that is mostly a direct result of Covid19. The most recent unemployment data shows that the U.S. was already at roughly 3.5% or 6,000,000 people. … Read more
1 million Californians filed for unemployment
by ChivePretzel According to this source. While this only accounts for the state of California, I thought Wall Street estimated around 2.25 million unemployed nationwide? I wonder what the real numbers … Read more
Schumer calls new $2T stimulus package ‘unemployment on steroids’
Senate meeting at noon today to vote on it
Why next week’s unemployment numbers are likely to be worse than this week’s
by Rabbitloki We are preparing for potentially the worst unemployment numbers ever on record this Thursday. However with the Stimulus package now passed businesses across the US can now examine … Read more
4000% raise in California unemployment. Over 100K people have applied for unemployment since March 15 in Wisconsin
As California continues its statewide shelter-in-place order in response to the spread of coronavirus, California governor Gavin Newsom stated that the daily number of unemployment insurance claims in the state … Read more
Unemployment from 2,000 to 80,000 a day in California
by biotechvest “We average about 2,000 unemployment insurance claims a day,” Newsom said. “Two days ago or three days, we saw about 40,000 applications. After that 70,000 applications. Yesterday, 80,000 … Read more
The Coronavirus Collapse Is Here: Get Ready For The U.S. Unemployment Rate To Hit 20 Percent (Or Higher)
by Michael Snyder As communities all over America shut down in order to help prevent the spread of the coronavirus, job losses are already starting to rise to extremely alarming … Read more
Mnuchin – 20% unemployment possible
Which would bring us into a depression. Mnuchin warns virus could yield 20% jobless rate without action Treasury Secretary Steven Mnuchin raised the possibility with Republican senators that U.S. unemployment … Read more
New York’s unemployment system overwhelmed as coronavirus pandemic shutters businesses across the state
A drastic move by Gov. Cuomo to close all of the state’s restaurants, bars, movie theaters, gyms and casinos by 8 p.m. Monday to contain the outbreak had suddenly jobless … Read more
Unemployment is going to pop BIGGLY…
Check out the chart in its ‘max’ data… fred.stlouisfed.org/series/UNRATE It’s going to get ugly. Get ready for the shot to hit the fan. By simply extrapolating from historical data I’d … Read more