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Re: Jobless Claims
Posted: Fri Apr 24, 2020 4:48 am
by Pava
thiru wrote: Thu Apr 23, 2020 10:37 pm
2020-04-23 20_31_11-Live TV - Bloomberg.png
There were 4,427,000 Initial Claims for unemployment benefits in the US during the week ending April 18th, the data published by the US Department of Labor (DOL) revealed on Thursday.
With this reading, the total number of Initial Jobless Claims in the last five weeks surpassed
26 million.
remember that we are SERVICE Economy...meaning...Most of those laid off weren't producing anything of value on the first place...so...all those numbers are meaningless.
Re: Jobless Claims
Posted: Thu Apr 30, 2020 12:03 am
by mlawson71
Are services that make people's lives easier not without value?
Re: Jobless Claims
Posted: Thu Apr 30, 2020 6:58 am
by Pava
mlawson71 wrote: Thu Apr 30, 2020 12:03 am
Are services that make people's lives easier not without value?
Prostitution?
Re: Jobless Claims
Posted: Thu Apr 30, 2020 6:12 pm
by Ikeda01
mlawson71 wrote: Thu Apr 30, 2020 12:03 am
Are services that make people's lives easier not without value?
Sadly, it is not without value in most of the cases.
Re: Jobless Claims
Posted: Thu May 07, 2020 10:40 pm
by thiru
Jobless Claim on 7th May.. continue to look bad
Re: Jobless Claims
Posted: Thu May 07, 2020 11:17 pm
by mlawson71
It's going to be bad for a while even after the pandemic ends one day.
Re: Jobless Claims
Posted: Thu May 07, 2020 11:45 pm
by thiru
mlawson71 wrote: Thu May 07, 2020 11:17 pm
It's going to be bad for a while even after the pandemic ends one day.
Last 7 weeks, its
33.21 million total and counting.. its going to have a devastating effect and that thought scares me.
Re: Jobless Claims
Posted: Mon May 11, 2020 11:10 pm
by mlawson71
Me too. That scares me as as much as the pandemic.