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41 million unemployed out of roughly 157 million total legal working adults
Posted on 5/28/20 at 8:00 am
Posted on 5/28/20 at 8:00 am
Peak unemployment will have been around 20%. So not as bad as experts thought it would be in the end.
Posted on 5/28/20 at 8:00 am to uppermidwestbama
quote:
So not as bad as experts thought
quote:
experts
Oh boy....like the 100 billion that were supposed to die by June
Posted on 5/28/20 at 8:01 am to uppermidwestbama
Actually that is a little more than a quarter so it is a little more than 25%
Posted on 5/28/20 at 8:02 am to Wtodd
When the doctor walks in and tells you he only has to remove the tip of your dick instead of the whole thing is that good or bad?
Posted on 5/28/20 at 8:03 am to gthog61
The 41 million is just the total since the start of the COVID shite, not the actual claims submissions.
Posted on 5/28/20 at 8:03 am to uppermidwestbama
Unemployment rate = Unemployed / Labor Force
41/157 = 26.6%.
41/157 = 26.6%.
Posted on 5/28/20 at 8:04 am to uppermidwestbama
Let's all celebrate. Cheers to the 70% of those unemployed enjoying their taxpayer backed raises 
Posted on 5/28/20 at 8:04 am to beebefootballfan
quote:
When the doctor walks in and tells you he only has to remove the tip of your dick instead of the whole thing is that good or bad?
By "your" you better mean someone else
Posted on 5/28/20 at 8:06 am to wutangfinancial
quote:
Cheers to the 70% of those unemployed enjoying their taxpayer backed raises
How can anyone be surprised by this unemployment number? The gov't decided to pay people more money to NOT work than they were making WORKING. It's insanity.
Posted on 5/28/20 at 8:17 am to Aubie Spr96
And it’s not like the unemployment just happened by way of a bad economy. It is forced unemployment with businesses being forced to shutdown.
Posted on 5/28/20 at 8:22 am to uppermidwestbama
quote:. . . and the Dow is sitting north of 25.5K. S&P >3K.
41 million unemployed out of roughly 157 million total legal working adults
Those numbers are great but befuddling. They mirror market numbers from last June when unemployment was 3.7%, and just 6 million were considered underemployed.
Posted on 5/28/20 at 8:27 am to uppermidwestbama
Yep, and most are making more every week till July than they EVER have. So who besides small business owners is actually hurt?
Posted on 5/28/20 at 8:30 am to Aubie Spr96
quote:
How can anyone be surprised by this unemployment number? The gov't decided to pay people more money to NOT work than they were making WORKING. It's insanity.
They need to hurry up and fix this shite! The Waffle House up the road can’t open bc the employees won’t come back....im pissed...for real.
Posted on 5/28/20 at 8:31 am to Tigahs24Seven
quote:
Yep, and most are making more every week till July than they EVER have. So who besides small business owners is actually hurt?
Wanna know how I can tell you don’t have kids? $3,000,000,000,000. Anybody who is going to pay taxes from here on out is hurt.
Posted on 5/28/20 at 8:33 am to bstew3006
Thank the dims and msm, and the idiots who support them.
Posted on 5/28/20 at 8:34 am to uppermidwestbama
quote:
The 41 million is just the total since the start of the COVID shite, not the actual claims submissions.
Oh OK
just hope the economy can rebound even with the anchors that are blue state governors.
Posted on 5/28/20 at 8:34 am to Tigahs24Seven
quote:
Yep, and most are making more every week till July than they EVER have. So who besides small business owners is actually hurt?
I really don't get the shitting on unemployed fellow Americans... 40% of the jobs lost aren't coming back, they'll need that extra cash to get by after July since you idiot conservatives only advocate "Doh pull yourself up by the bootstrap".....
Posted on 5/28/20 at 8:40 am to uppermidwestbama
quote:41 million are not currently unemployed.
41 million unemployed out of roughly 157 million total legal working adults
It’s closer to half that as continuing claims have shrunken and there were fewer unemployment claims this week than last week overall.
Another 2.1 million file jobless claims, but total unemployed shrinks
quote:
Continuing claims, or those who have been collecting for at least two weeks, numbered 21.05 million, a clearer picture of how many workers are still sidelined. That number dropped sharply, falling 3.86 million from the previous week.
Posted on 5/28/20 at 8:44 am to uppermidwestbama
orange man stupid, screws America, but he got gm to retool to make vents.
Posted on 5/28/20 at 8:44 am to Tigahs24Seven
quote:
So who besides small business owners is actually hurt?
Probably the estimated millions of people who don’t fit into that 41 million because they haven’t gotten their claims processed, and thus haven’t received a dime.
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