US jobless claims smash through SIX MILLION

[TheRealKing]

US jobless claims smash through SIX MILLION

NEWSFLASH: More than six million Americans filed new claims for unemployment benefit last week - a really terrible number.

The initial jobless claims total soared to 6.648m for last week -- smashing even the highest estimate.

That’s up from 3.3 million initial claims in the previous week -- which was itself a huge record. Before Covid-19, the previous record was below 700,000 for any week.

It shows clearly that the coronavirus pandemic, and the lockdowns imposed across America, are having a very, very serious impact on its economy.

Unemployment is clearly soaring, hurting many millions of families across the country.

Economists and investors around the world are bracing to discover how many Americans have lost their jobs since the Covid-19 pandemic struck.

The initial claims report, due any moment at 8.30am East Coast time or 1.30pm in the UK, is expected to show that many millions of US citizens signed on last week.

Goldman Sachs has hiked its forecast this morning, predicting that SIX MILLION people filed jobless claims. That would smash last week’s record of 3.3m (which could be revised)....

https://twitter.com/x/status/1245691187769610246
https://twitter.com/x/status/1245684993436893186
https://twitter.com/x/status/1245683794671292417
https://www.theguardian.com/busines...087564da1e4696#block-5e85dadf8f087564da1e4696

 

[xecutioner]

It will impact worldwide job losses.

 

[kayawish]

It will impact worldwide job losses.

i also lost mine lol ... Pakka khilari first they said we will do kurzarbeit but yesterday morning they send me and other my fellows kundigung.Motherfucker bastards ...

 

[islamabadi]

Meanwhile here....the PM is recruiting PM Sheroo force to distribute daal chawal to 2-3% of the population and leave the 97% poorer and poorer. I would ask every patriotic Pakistani to get in touch with their MNA and urge them to bring forward a vote of no confidence in parliament.....becuase of these jackkasses continue damaging the economy as they have in past 2 years we will be nowhere. "Normal" countries have preparations in place before announcing Loockdowns.....here we have a government of donkeys just becasue flaani country does lockdown then they also announce it without thinking wether they can support and cushion the economy or not

 

[AbbuJee]

Meanwhile here....the PM is recruiting PM Sheroo force to distribute daal chawal to 2-3% of the population and leave the 97% poorer and poorer. I would ask every patriotic Pakistani to get in touch with their MNA and urge them to bring forward a vote of no confidence in parliament.....becuase of these jackkasses continue damaging the economy as they have in past 2 years we will be nowhere. "Normal" countries have preparations in place before announcing Loockdowns.....here we have a government of donkeys just becasue flaani country does lockdown then they also announce it without thinking wether they can support and cushion the economy or not

Name a country that was prepared for this and its economy is not going down the drain.

we have seen the real jackasses in past 40 years what they have done, so these 2 years are not even close to that.