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More than 16 million Americans have now lost their jobs in three weeks.
Posted by: Steve G.
Date: April 09, 2020 08:22AM
US weekly jobless claims jump by 6.6 million and we’ve now lost 10% of workforce in three weeks
[www.cnbc.com]

details at link
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Re: More than 16 million Americans have now lost their jobs in three weeks.
Posted by: STL
Date: April 09, 2020 08:38AM
Greatest economy ever.
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Re: More than 16 million Americans have now lost their jobs in three weeks.
Posted by: DP
Date: April 09, 2020 10:12AM
Greatest economy ever.

Well, it was until the virus.





In memory of Dickie Betts.

Disclaimer: This post is checked for correct spelling, punctuation, and grammar. Any attempts at humor are solely the responsibility of the author and bear no claim that any and all readers will approve or appreciate said attempt at humor.
My name is DP, and I approve this message.

"Show me the man and I’ll show you the crime."- Lavrentiy Beria
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Re: More than 16 million Americans have now lost their jobs in three weeks.
Posted by: space-time
Date: April 09, 2020 10:16AM
Quote
DP
Greatest economy ever.

Well, it was until the virus.

yes, it was good because previous administration saved it from the deep and put it on a healthy, stable upward trajectory. Current administration enjoyed the ride. It would have crashed one way or another, if not this year maybe next year, regardless if we have Trump or if we had Hillary in office at this time.
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Re: More than 16 million Americans have now lost their jobs in three weeks.
Posted by: Buck
Date: April 09, 2020 12:03PM
Quote
space-time
Quote
DP
Greatest economy ever.

Well, it was until the virus.

yes, it was good because previous administration saved it from the deep and put it on a healthy, stable upward trajectory. Current administration enjoyed the ride. It would have crashed one way or another, if not this year maybe next year, regardless if we have Trump or if we had Hillary in office at this time.

space-out, that is a huge load load of bullsh!t
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Re: More than 16 million Americans have now lost their jobs in three weeks.
Posted by: Bill in NC
Date: April 09, 2020 02:06PM
And don't forget the St. Louis Federal Reserve economists' projection of 50+ million unemployed, roughly 1/3 of the labor force, by the end of June.

"Once I built a railroad, I made it run
Made it race against time
Once I built a railroad, now it's done
Brother, can you spare a dime?"



Edited 1 time(s). Last edit at 04/09/2020 02:08PM by Bill in NC.
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Re: More than 16 million Americans have now lost their jobs in three weeks.
Posted by: Speedy
Date: April 09, 2020 03:56PM
Quote
Buck
Quote
space-time
Quote
DP
Greatest economy ever.

Well, it was until the virus.

yes, it was good because previous administration saved it from the deep and put it on a healthy, stable upward trajectory. Current administration enjoyed the ride. It would have crashed one way or another, if not this year maybe next year, regardless if we have Trump or if we had Hillary in office at this time.

space-out, that is a huge load load of bullsh!t

I agree with Buck, no crash with Hillary in office.



Saint Cloud, Minnesota, where the weather is wonderful even when it isn't.
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Re: More than 16 million Americans have now lost their jobs in three weeks.
Posted by: tenders
Date: April 09, 2020 05:50PM
Political commentary aside, which doesn't belong here in the first place, it's a bit silly to call those jobs "lost."

People around the world were told to stop coming to work and to file for unemployment, for the global greater good. This is a guided process with a still-uncertain final outcome, and the US just happens to have a particularly effective accounting system to track the results. Unreasonable to be "surprised" by any of the results.
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Re: More than 16 million Americans have now lost their jobs in three weeks.
Posted by: deckeda
Date: April 09, 2020 08:18PM
Quote
Buck
space-out, that is a huge load load of bullsh!t

Oh look, an indefensible claim.
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Re: More than 16 million Americans have now lost their jobs in three weeks.
Posted by: MindMeld
Date: April 09, 2020 08:24PM
Quote
tenders
Political commentary aside, which doesn't belong here in the first place, it's a bit silly to call those jobs "lost."

People around the world were told to stop coming to work and to file for unemployment, for the global greater good. This is a guided process with a still-uncertain final outcome, and the US just happens to have a particularly effective accounting system to track the results. Unreasonable to be "surprised" by any of the results.

agree smiley
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Re: More than 16 million Americans have now lost their jobs in three weeks.
Posted by: N-OS X-tasy!
Date: April 09, 2020 11:29PM
I'm very fortunate and very grateful to work for an essential business that provides support to other essential businesses. Very grateful indeed.



It is what it is.
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