Another 1.5 Million Americans Filed Unemployment Claims
on June 18, 2020
5 Comments
Economy Tag
Retail Sales Hit Record 17.7% in May in Another Sign the Economy is Recovering
on June 16, 2020
19 Comments
America saw a decline in unemployment claims and decent jobs report in May.
The Commerce Department revealed another sign the economy is recovering from the Wuhan coronavirus pandemic. Retail sales hit a record of 17.7% in May.
Truck Drivers Might Refuse to Deliver to Cities With Defunded Police
on June 14, 2020
75 Comments
American truckers have been working overtime since the beginning of the pandemic to deliver needed goods all over the country, and they have done a great job.
The left's new effort to 'defund the police' is making some truckers nervous, and who can blame them?
Unemployment Claims Drop Again: 1.5 Million Americans Filed Last Week
on June 11, 2020
3 Comments
The economy is slowly recovering after the Wuhan coronavirus pandemic since 1.5 Americans filed unemployment claims last week.
The numbers have continuously gone down in 10 straight weeks.
Paul Krugman Pushes Conspiracy Theory About New Jobs Numbers
on June 06, 2020
52 Comments
New York Times columnist and Nobel award winning economist Paul Krugman is a well-known sufferer of Trump Derangement Syndrome. When it was revealed on Friday that the jobs numbers were much better than the doomsday media predicted, Krugman floated a conspiracy theory as an explanation.
Jobs are Returning: Unemployment at 13.3%, Payrolls Rose by 2.5 Million
on June 05, 2020
31 Comments
That sound you hear is all the jaws dropping to the floor!
The May jobs report came out much better than expected. Unemployment hit 13.3% while payrolls went up by 2.5 million.
April's unemployment rate was 14.7%.
Unemployment Claims Continue to Go Down as 1.9 Million Filed Last Week
on June 04, 2020
10 Comments
About 1.9 million people filed for unemployment benefits last week, which is another sign the economy is picking up as businesses reopen.
Another 2.1 Million Americans Filed Unemployment Claims Last Week
on May 28, 2020
5 Comments
The number has gone down, but another 2.1 million Americans filed unemployment claims last week.
Over 40 million people have filed claims in the last ten weeks.
Democrats are Panicking at the Prospect of Quick Economic Recovery
on May 26, 2020
69 Comments
If you're hoping the economy stays in the crapper to help your electoral aspirations, you might be a Democrat.
Shutdowns Have Brought New York City to the Brink of Economic Catastrophe
on May 25, 2020
47 Comments
Professor Jacobson recently wrote about Ghost Towns USA, with pictures showing quiet and empty streets in New York City, due to the Coronavirus lockdown. If this goes on much longer, the economic effect on the city will be disastrous.
The cracks are already starting to show.
Wuhan Coronavirus Lockdowns Continue to Decimate U.S. Healthcare System
on May 21, 2020
36 Comments
Last month, I wrote about how the cancellation of "elective" surgeries, cancer screenings, and other important and often life-saving healthcare services is impacting the U.S. healthcare system.
The trend has continued downward since then, with more healthcare professionals losing their jobs, their practices, and their livelihoods. Additionally, the harmful impact on their now-former patients is, at this point, immeasurable.
Another 2.4 Million People Filed Unemployment Claims Last Week
on May 21, 2020
7 Comments
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.
Restaurant Openings Include Bumper Tables, Wearing Pool Noodles, Thermal Cameras, and Food Lockers
on May 18, 2020
31 Comments
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 straw hat? Would you eat at a bumper table?
Barstool Sports Founder: ‘When Did Flattening The Curve Turn Into Finding The Cure?’
on May 15, 2020
56 Comments
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 Twitter which has picked up millions of views in a very short period of time.
Wuhan Virus Watch: Leaked Data Shows China May Have 640k Coronavirus Cases, Not 80k As Claimed
on May 15, 2020
22 Comments
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 just 80,000 coronavirus infections.
Over 2.9 Million Americans Filed Unemployment Claims Last Week
on May 14, 2020
7 Comments
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.
April Jobs Report: 14.7% Unemployment Rate, Payrolls Dropped by 20.5 Million
on May 08, 2020
9 Comments
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.
Another 3.2 Million Americans Filed Unemployment Claims Last Week
on May 07, 2020
9 Comments
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.
