A Record 3.3 Million Americans Filed for Unemployment

Xando

Member
Oct 28, 2017
8,053
So I’m reading the actual number is higher but they couldn’t actually process all claims on time in some states?
 

Mr Swine

The Fallen
Oct 26, 2017
2,721
Sweden
Just waiting to see how agent orange will try to spin this
got a few for ya fam! (Not his words but something he could say)

“Fake news, we have the best economy! Jobs are coming back and numbers are beautiful!”

“Big unemployment numbers are from no good democratic run states! Best employment numbers are from Republican run states!!”

“Fake news is trying to stop my re-election by posting fake unemployment numbers! Very sad for the failing *insert news name*!”
 

JaseC64

Member
Oct 25, 2017
3,342
Strong Island NY
Guys Obama had a recession too!

Obama had high unemployment too!

Obama had a pandemic too!

Obama was the worst president too!

Obama had little hands too!

Obama Obama Obama!

Fake news. Trump is doing an amazing job beating this nasty virus. Trump gonna humiliate it and talk to it like it is, bully it into submission!
Just you watch!!
 

Tobor

Member
Oct 25, 2017
4,590
Richmond, VA
Trump is going to start blaming the states and governors. Especially NY and CA. He’s been laying the groundwork all week.
 

Zok310

Member
Oct 25, 2017
1,100
I have some friends that are in their late 50s early 60s. They all needed to come by and use my PC to apply.... Not kidding i help over 6 people applied last week. they worked in an office of 27 people and they all got laid off.
 

H3llR8iser

Member
Oct 25, 2017
516
and remember this does not apply to the hard working undocumented workers in the USA. There's probably hundred thousand of them.....
 

Hero_of_the_Day

Avenger
Oct 27, 2017
5,339
Did the stimulus bill have a plan for making sure every one losing their job has healthcare?
This is my big fear. With our savings, my wife and I could get by for a good while financially. But, if she loses her job, our health insurance is gone. At which point us getting covid19 is like instant bankruptcy if we were to require a hospital stay... and not die.
 

AppleMIX

Member
Oct 27, 2017
547
I think this Coronavrius shit will be the end for Trump. The economy was one the biggest reasons to vote for a incumbent.
 

electricblue

Member
Oct 27, 2017
2,063
I think this Coronavrius shit will be the end for Trump. The economy was one the biggest reasons to vote for a incumbent.
you'd think so huh
 

JaseC64

Member
Oct 25, 2017
3,342
Strong Island NY
and remember this does not apply to the hard working undocumented workers in the USA. There's probably hundred thousand of them.....
Yea most have to go out and hope they dont get sick else it could devastate their families. Or maybe they have no work due to closings and still need to pay for food, rent and utilities like the rest of us without a stimulus bill that can help them. Shit sucks man.
 

entremet

Member
Oct 26, 2017
17,178
Trump is going to start blaming the states and governors. Especially NY and CA. He’s been laying the groundwork all week.
Dude just blames everyone.
you'd think so huh
Still low historical for a President in a crisis. That's a very overrated poll.
 

Astandahl

Member
Oct 28, 2017
4,733
Damn. Even the US will need a huge deficit this year and the next one.

I can't even imagine how this virus will impact economies like Spain and especially Italy which isn't even allowed to spend money pretty much.
 

Kyrios

Member
Oct 27, 2017
4,526
I think this Coronavrius shit will be the end for Trump. The economy was one the biggest reasons to vote for a incumbent.
Which is why he's desperate to get the economy back up and running as soon as possible, sacrificing whatever lives it takes.

...and Cheeto adds NJ to his blame list. ”Not my fault! I’m perfect! Perfect economy! These governors won’t open their states! Not my fault!”
Yeah Murphy pretty much alluded to that in the interview I was reading with him lol

I can't imagine the economy doing much with most of the Northeast still down.
 

TheSquozenOne

Member
Mar 1, 2019
15
I think this Coronavrius shit will be the end for Trump. The economy was one the biggest reasons to vote for a incumbent.
But we can't blame the virus on the president, unless enough people aren't happy with how it was handled. I wonder if that changes things (in previous times it might have been easier to blame it on the administration if it seemed within their control?)
 

srsly?

Member
Feb 24, 2018
4,082
On the bright side, maybe this crisis will frontload the job losses in the beginning of the recession, and recover somewhat quickly. Unemployment peaked nearly a year after the 2008 financial crisis happened, if I remember correctly. That was a slow bleedout. This time the job numbers could begin climbing around May or June.
This pandemic is a once-in-a-century, global catastrophe. There's not going to be anything "quick" about the recovery from this, no matter how much we want it to be so. You're looking at years for getting back to commensurate levels--if we're lucky.
 

Jiminy

Avenger
Mar 29, 2018
4,780
On the bright side, maybe this crisis will frontload the job losses in the beginning of the recession, and recover somewhat quickly. Unemployment peaked nearly a year after the 2008 financial crisis happened, if I remember correctly. That was a slow bleedout. This time the job numbers could begin climbing around May or June.
If the government step up and actually implement public welfare/socialist policy along with widespread enforced lockdown? Sure.

If they don't? Not likely.
 

Horror

Member
Nov 3, 2017
1,918
This is my big fear. With our savings, my wife and I could get by for a good while financially. But, if she loses her job, our health insurance is gone. At which point us getting covid19 is like instant bankruptcy if we were to require a hospital stay... and not die.
Some of the health care providers have acted to extend coverage for those being laid off during this time. Worst case scenario, you could also enroll in COBRA (assuming you're a US resident).
 

Sho_Nuff82

Member
Nov 14, 2017
8,106
you'd think so huh
We should probably wait for the week after half of those unemployment applications bounce to see what the polling is.
 

BAD

Member
Oct 25, 2017
7,076
USA
Just waiting to see how agent orange will try to spin this
He’ll just keep saying this is why we have to go back to work. He’ll keep pressing that, and then blame the states for keeping the lockdowns that drag his perfect economy down.
got a few for ya fam! (Not his words but something he could say)

“Fake news, we have the best economy! Jobs are coming back and numbers are beautiful!”

“Big unemployment numbers are from no good democratic run states! Best employment numbers are from Republican run states!!”

“Fake news is trying to stop my re-election by posting fake unemployment numbers! Very sad for the failing *insert news name*!”
Guys Obama had a recession too!

Obama had high unemployment too!

Obama had a pandemic too!

Obama was the worst president too!

Obama had little hands too!

Obama Obama Obama!

Fake news. Trump is doing an amazing job beating this nasty virus. Trump gonna humiliate it and talk to it like it is, bully it into submission!
Just you watch!!
Trump is going to start blaming the states and governors. Especially NY and CA. He’s been laying the groundwork all week.
How to spin and blame Obama? 🤔
I think this Coronavrius shit will be the end for Trump. The economy was one the biggest reasons to vote for a incumbent.
Hopefully the unemployment matters, but so far many polls on the virus response show majority of voters approve of his handling and are buying his blaming of other countries and governors. They think this would have gone worse with anyone else.
 

Dodongo

Member
Oct 25, 2017
2,063
I know millions of people don't have jobs, but don't worry everybody. The stonks are up, so everything must be peachy.
 

Tobor

Member
Oct 25, 2017
4,590
Richmond, VA
Hopefully the unemployment matters, but so far many polls on the virus response show majority of voters approve of his handling and are buying his blaming of other countries and governors. They think this would have gone worse with anyone else.
As has been said, It‘s WAY too early to make any conclusions based on a few polls.
 

UltimateHigh

Member
Oct 25, 2017
5,174
Hopefully the unemployment matters, but so far many polls on the virus response show majority of voters approve of his handling and are buying his blaming of other countries and governors. They think this would have gone worse with anyone else.
basically a snapshot of the unending stupidity of so many people.
 

Jay Mcsaros

Member
Oct 27, 2017
1,457
Dow up 4% right now, they certainly knew what was coming. Citi predicted 4M losses, Morgan Stanley 3.4M. At the other end, UBS predicted 860K.
 

Tiktaalik

Member
Oct 25, 2017
1,849
Seems kind of unbelievably low given that Canada was around 900k and Cali was 1M.

Either this number has been uh, heavily massaged downward, or uhh even worse it’s accurate but that means so many people are staying on the job when they should really be at home.
 

PMS341

Member
Oct 29, 2017
4,484
So just to put it into perspective...

- Over half of the people in the US with health insurance get it exclusively from their jobs.
- COVID-19 causes unemployment numbers to skyrocket into record numbers, mirroring the Great Depression.
- Millions upon millions of people are now without health insurance.
- COVID-19 testing and treatment without insurance is a spiraling debt pit, scaring many into not seeking healthcare even with possible symptoms out of fear of bankruptcy.

This is, without a doubt, one of the biggest examples of why Medicare For All should be an absolute requirement in the US.