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Thursday, July 30, 2020

54.13 million out of work: Continuing Jobless Claims Spike As Almost 50% Of Lost Jobs "May Be Gone Permanently"

I hope of Communist Marxist  POS are proud of their work....All in the name of a Cough and a Sneeze.

I hope it was worth it.

Initial Jobless Claims was above a million last week for the nineteenth straight week, and rose for the second week in a row...

But, Continuing Jobless Claims greatly disappointed, rising for the first time in 8 weeks from 16.15mm to 17.02mm...



A total of 54.13 million Americans have now applied for jobless benefits for the first time since the pandemic lockdowns began (thats over 330 layoffs for every COVID death in America), and massively more than the 22.1 million during the great financial crisis.





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