Economy  (Page 2)

Another 2.4 Million People Filed Unemployment Claims Last Week

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Posted by  ▪  Thursday, May 21, 2020 at 9:00am 5/21/2020 at 9:00am
https://www.youtube.com/watch?v=t3GuOc6FSCo

The Wuhan coronavirus pandemic continues its devastation on the American economy as 2.4 Americans filed unemployment claims last week.

Fortunately, the number continues to decline after it hit its peak a few weeks ago.

The Labor Department revised last week’s number down by 294,000 due to a clerical error from Connecticut.

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Restaurant Openings Include Bumper Tables, Wearing Pool Noodles, Thermal Cameras, and Food Lockers

https://twitter.com/ABC/status/1261843152664776707https://twitter.com/CBSNews/status/1262377453273702403
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Posted by  ▪  Monday, May 18, 2020 at 1:00pm 5/18/2020 at 1:00pm
https://twitter.com/ABC/status/1261843152664776707https://twitter.com/CBSNews/status/1262377453273702403

Restaurants across the world have begun to reopen since the Wuhan coronavirus has started to calm down.

I’ve collected a few stories about restaurants going to extreme lengths to follow government restrictions, especially when it comes to social distancing.

Would you wear a pool noodle on a str...

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Barstool Sports Founder: ‘When Did Flattening The Curve Turn Into Finding The Cure?’

https://twitter.com/stoolpresidente/status/1260721488241418240
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Posted by  ▪  Friday, May 15, 2020 at 11:00am 5/15/2020 at 11:00am
https://twitter.com/stoolpresidente/status/1260721488241418240

When it comes to shutdowns, the goal posts keep getting moved and people are noticing. We were told we needed to quarantine to keep the healthcare system from collapsing, and we did that. So why are we still shut down?

Dave Portnoy of Barstool Sports did an epic rant about this on...

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Wuhan Virus Watch: Leaked Data Shows China May Have 640k Coronavirus Cases, Not 80k As Claimed

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Posted by  ▪  Friday, May 15, 2020 at 9:00am 5/15/2020 at 9:00am
https://www.youtube.com/watch?v=LVlx3oukCGs

You mean to tell me that China’s claim of having only 80,000 coronavirus cases is probably a lie? I am shocked:

A leaked database from a Chinese military-run university suggests the country may have at least 640,000 COVID-19 cases — a figure substantially higher than Beijing’s dubious claim that it has seen...

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Over 2.9 Million Americans Filed Unemployment Claims Last Week

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Posted by  ▪  Thursday, May 14, 2020 at 9:00am 5/14/2020 at 9:00am
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The Wuhan coronavirus shutdown continues to affect the economy as another 2.9 million Americans filed for unemployment claims last week.

While the number continues to decrease, it means 35 million Americans have filed claims in the past two months.

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April Jobs Report: 14.7% Unemployment Rate, Payrolls Dropped by 20.5 Million

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Posted by  ▪  Friday, May 8, 2020 at 1:00pm 5/8/2020 at 1:00pm
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In a matter of a few months, the strong economy through President Donald Trump’s administration plummeted to record levels due to the Wuhan coronavirus outbreak.

The unemployment rate skyrocketed to 14.7% while payrolls dropped by 20.5 million.

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Another 3.2 Million Americans Filed Unemployment Claims Last Week

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Posted by  ▪  Thursday, May 7, 2020 at 8:45am 5/7/2020 at 8:45am
https://www.youtube.com/watch?v=Dy9Qg_a2i-Q&t=79s

The Labor Department reported this morning that another 3.2 million Americans filed unemployment claims last week.

On the plus side, the claims have dropped from its peak in March. That stat suggests layoffs might slow down.

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Labor Dept: 3.8 Million Americans Filed New Unemployment Claims Last Week

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Posted by  ▪  Thursday, April 30, 2020 at 8:44am 4/30/2020 at 8:44am
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The Labor Department reported that 3.8 million Americans filed new unemployment claims last week.

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Wuhan Virus Watch: President Trump Orders Meat Processing Plants to Remain Open

https://twitter.com/bennyjohnson/status/1247657257082462208
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Posted by  ▪  Wednesday, April 29, 2020 at 11:00am 4/29/2020 at 11:00am
https://twitter.com/bennyjohnson/status/1247657257082462208

Today’s update will start with some food-related items.

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Wuhan Virus Watch: Steven Mnuchin Says Economy Will Rebound Over the Summer

https://www.youtube.com/watch?v=TTlkX41zuhQ
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Posted by  ▪  Monday, April 27, 2020 at 9:00am 4/27/2020 at 9:00am
https://www.youtube.com/watch?v=TTlkX41zuhQ

Let’s start this week’s updates with some hopeful news.

Treasury Secretary Steven Mnuchin believes the American economy will “bounce back” quickly from the coronavirus crisis over the summer.

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Andrew Cuomo to Economic Protesters: ‘Get a Job as an Essential Worker’

https://youtu.be/db-dhOUNpUQ
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Posted by  ▪  Thursday, April 23, 2020 at 3:00pm 4/23/2020 at 3:00pm
https://youtu.be/db-dhOUNpUQ

New York Governor Andrew Cuomo was asked by a reporter on Wednesday about the people protesting to reopen the economy. To her credit, the journalist pressed Cuomo on the very real concerns of these people.

His response was less than reassuring.

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Another 4.4 Million Americans Filed Unemployment Claims Last Week

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Posted by  ▪  Thursday, April 23, 2020 at 8:39am 4/23/2020 at 8:39am
https://www.youtube.com/watch?v=t3GuOc6FSCo

The Labor Department revealed another 4.4 million Americans filed unemployment claims last week in the midst of the Wuhan coronavirus outbreak.

Americans receiving unemployment benefits hit 16 million. The previous record was 12 million in 2010.

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Wuhan Virus Watch: Colorado’s Stay-at-Home Order to Transition Into ‘Safer At Home’ Phase

https://www.youtube.com/watch?v=ZAEq5NVbgSA
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Posted by  ▪  Wednesday, April 22, 2020 at 9:00am 4/22/2020 at 9:00am
https://www.youtube.com/watch?v=ZAEq5NVbgSA

Today’s update will focus on the Great American Reopening from the Pandemic of 2020.

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Stacey Abrams Criticizes GA Gov. Brian Kemp’s Plan to Reopen State as ‘Dangerously Incompetent’

https://youtu.be/r9ciZE0Hl2I
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Posted by  ▪  Tuesday, April 21, 2020 at 3:00pm 4/21/2020 at 3:00pm
https://youtu.be/r9ciZE0Hl2I

We recently pointed out that Stacey Abrams is now campaigning to be Joe Biden’s running mate. Naturally, she has to have an opinion on when Georgia’s economy should be reopened, and of course, it’s negative.

At least she is finally acknowledging she is not the governor of Georgia.

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Texas Gov. Abbott Announces Schools Closed for Rest of School Year, Eases Other Restrictions

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Posted by  ▪  Friday, April 17, 2020 at 3:00pm 4/17/2020 at 3:00pm
https://www.youtube.com/watch?v=mfH7XhQ-Q8o

Republican Texas Gov. Greg Abbott announced plans to loosen restrictions in place due to the Wuhan coronavirus, but schools will remain closed until next school year.

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Trump Releases Guideline to Open America’s Economy

https://twitter.com/cspan/status/1248019305368862720
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Posted by  ▪  Thursday, April 16, 2020 at 5:45pm 4/16/2020 at 5:45pm
https://twitter.com/cspan/status/1248019305368862720

President Donald Trump released the guidelines to gradually reopen the American economy.

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Another 5.2 Million Americans Filed Jobless Claims Last Week

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Posted by  ▪  Thursday, April 16, 2020 at 8:38am 4/16/2020 at 8:38am
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The Labor Department that another 5.2 million Americans filed jobless claims last week.

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