On Thursday, we learned that initial filings for unemployment insurance totaled a record 6.648 million for the week ending March 28, more than doubling the prior week’s reported total of 3.238 million that had also marked a record high. Distressingly, last week’s data was also revised higher on Thursday to 3.307 million.
And while the labor market fallout from the coronavirus-related economic hard-stop we’re experiencing has been the most abrupt and severe so far, economists at Bank of America Global Research believe the broader economic downturn we’re entering will result in the worst recession in modern U.S. history.
Does this mean Trump can't campaign on his black unemployment rate? Will he do it anyway?
Noah Collins
can we get a pic of Trump with JUST hair?
Gavin Rogers
You mean when the government forces businesses to shut down, people are out of work? Are you sure?
Ethan Jones
They keep optimistically calling it a recession.
Adrian Powell
You'll be fine, just print some USD and export them then.
Ryan Diaz
When can I invest in rental housing near farms where America's will be picking fruit?
Joshua White
Ask your coworker if they got one approved to meme with yet.
Jason Fisher
>deep south all red Coronavirus ain't doing shit down here. It's just a bunch of lazy niggers desu
Cooper Moore
You realize the election isnt for another 8 months right? Trump will be campaigning in October with saving us from coronavirus as his newest platform
Brody Hughes
I love how the lefty shills think this somehow harms Trump. People notice that the Dems want them out of a job, and they're not so stupid as to not realize why. Even my antifa sister is now unemployed at starting to get redpilled. This shit is going to backfire on them harder than impeachment.
Jordan Gray
niggers are doing better in this depression than in any other depression on record, believe me! we gave them lots of gibs! I love blacks!
Yeah, yeah, we get it, even after America has literally become a third-world shithole where eggs and toilet paper are luxuries, ORANGE MAN (still) GOOD and everybody who disagrees is deranged. We get it.
Justin King
>all center and right wing media are slowly revealing that this was a scam to crash the economy >all left wing media are doubling and tripling down on everything and trying to impeach again It’s pretty fucking obvious what’s going on to anybody above a room temperature IQ. Absolutely no sane person is blaming Trump for what’s going on.
Juan Kelly
Why lay people off?
Why don't the companies basically put them on unpaid leave so when this whole thing is over they can just jump right back into work?
Trump’s deputies announced Friday that they had begun the process of importing 85,000 H-1B gig workers to take white-collar jobs that will be needed after October by the millions of American graduates who are now losing jobs in the coronavirus crash.
“This is just an unspeakable action,” said Marie Larson, a co-founder of the American Workers Coalition, which opposes the many visa worker programs that have transferred at least one million white-collar jobs to foreign workers. “I don’t believe President Trump ordered this — the swamp went ahead with this,” she said.
“If the H-1B program is just for filling jobs that Americans cannot fill amid for labor shortages, then this would not be happening,” said John Miano, a lawyer with the Immigration Law Reform Institute. “But it is not a labor-shortage program — it is a cheap labor program to displace Americans,” he said.
We want the farmers to be able to get people that have been working those farms for years, or we’re not going to have farms. So they’re going to come in. And they’re going to be given a certain pass and we’re going to check them very, very closely — especially over the next month, because remember after a month or so once this passes, we’re not going to have to be, hopefully, worried too much about the virus. [Emphasis added]
But we want them to come in. We’re not closing the border so that we can’t get any of those people to come in. They’ve been there for years and years, and I’ve given a commitment that they’re going to continue to come or we’re not going to have any farmers. [Emphasis added]
As usual trump tards are ddlusional, even fox news is going full damage control by getting ride of one of its "journalist" and taking this pandemic seriously. How slow can you be? Even Trump is taking is seriously by now.
Luis Johnson
It was part of Pelosi's stimulus bill pork. She held up the entire country for days unless she got that deal to bring in more foreign workers. And that's just icing on the cake for the Pelosi-pork package that drive the stimulus package up from $1 trillion to $2.2 trillion.
Michael Wright
FAKE NEWS FAKE NEWS FAKE FAKE FAKE LYING MEDIA SHILL SHILL SHILL TRUMP WOULD NEVER BREAK HIS PROMISES THIS CAN'T BE HAPPENING IT'S ALL A LIE
America will become a shithole if a dem wins this next year election. Only trump can make the market boom again.
Jordan Diaz
Exactly. Everyone would rather risk getting sick than going broke. Seriously. People want to go back to work ill say this, when everything does open back up there is going to be a huge surge in the stock market. Fuckung huge, record breaking
Connor Phillips
D as in DEPRESSION.
Leo Long
Yeah it'd be nice if the Jew loving wop with pierced nipples in charge of my state would let everyone work and stop making the city everyone's problem.
It's both. Where I am, you can file for partial unemployment too (this is my wife's situation due to reduction of hours)
It blows and I just want to be back in my workshop. I am not a fanbase so I have plenty of savings but it's inconvenient. I'm trying to treat it like a forced vacation.
John Roberts
There's an enormous list of things to justifiably be mad about concerning this president. If you think he's done a good job then you're either ignorant or a shill. Fact.
Economic downtown not caused by economic factors. The rebound will be just as fast if not faster.
Problem is the blue states will stay locked down for as long as possible to prolong the pain. I can already see my cunt of a governor doing this even though the only people dying in Michigan are blacks in Detroit with the worse health in the nation.
What will happen when GM and Ford realize that ventilators are about 100x better for margins than pickup trucks.
Owen Barnes
I know. Science proves it. Bill Nye and the planetarium nigger said so.
Well, what do you expect? We have no corporate headquarters of anything down here. We don’t have Ivy League universities down here. We don’t have a lot of government agencies headquartered here, if any. We don’t have a lot of workers sitting at home collecting a paycheck from their secure government job. Everybody got laid off when the restaurants or bars they worked at closed. That’s really all we have now, as Walmart and Target has put practically every other small business hopelessly out of the market for good.
Bentley Reyes
Fucking immigrant fucks. Niggers arent even the problem. Its sand niggers, spics and gooks
Adrian James
OMG! I love Biden and Pelosi now! They're totally gonna stop that trend!
People are fucking milking it. They get their unemployment + 600 bucks. Tell me, who the fuck would work when you get a handout like that? It's fucking disgusting, the state of this country. Trump needs to do the right thing and let us WORK. No more lockdown, end this shit now. My fucking portfolio is bleeding because of this nothingburger and peoples lives are ruined as a result.
William Green
The dems and the GOP will never stop mass immigration. The corporate lobbyists want it because it's cheap workers and corporate lobbyists are the constituents of America, not the average citizens.
Or he cancels the election, screwing over bernie and biden. More money to israel again and more india immigration, just like he promised.
Eli Torres
>Barely a different shade of yellow to represent a negative unemployment increase Whoever made this had an agenda to push, or at least wanted to make people panic about the economy
Jace Cook
georgias trying to become some tourist attraction fucking stupid niggers no one gives a fuck about georgia quit building hotels
Dominic Long
>Or he cancels the election I don't think he's that stupid.
Mason Richardson
>demoralization shill confirmed Aren't you supposed to say stuff about $ for Israel and etc? Like this faggot
Hehe deepstate trying to make god emperor trump look bad with his cabal of libtards, buckle up buttercup Q predicted this, trust the plan, MAGA, uwu, hehe
James Campbell
user all the Boomers who voted for him will be dead by October.
Kayden Morales
I will. Just keep the old boomers and those with asthma in quarantine longer.
Nicholas Walker
jesus fucking christ. WE TOLD YOU A SHUTDOWN WOULD CAUSE A NEW GREAT DEPRESSION. BUT NOOOOO. HAD TO PROTECT A BUNCH OF 77 YEAR OLD DIABETIC BOOMERS FROM THE CONSEQUENCES OF THEIR LIFESTYLES AT THE COST OF THE GLOBAL FUCKING ECONOMY. NOW THE WORKING AGE PEOPLE GET TO SUFFER AND DIE IN POVERTY BECAUSE OF BOOMERS.
FUCK IT, NUKE EVERYTHING, KILL EVERYONE. FUCK ALL OF YOU AND FUCK IT ALL.
Jacob Gomez
Of course commiefornia is the highest
Eli Morris
Voting is a sign that you've been demoralized from revolution.
Where do you get that figure from? i just got the letter from unemployment and they're giving me a measly 250 a week. that barely covers my rent.
Joshua Thompson
>leftist depression porn I want another Great Depression because I want another Hitler. Hitler arose in large part because of the depression
Leo Collins
>I want another Great Depression because I want another Hitler. Yeah, there's no damn way Republicans are going to just start forcibly deporting non-white citizens.
Wyatt Brown
you're getting 600 more idiot bitch stop fucking lying!
Landon Ward
>Why lay people off? >Why don't the companies basically put them on unpaid leave Food is no free, people have bills to pay retard. People need to collect unemployment, and they should since that is why they paid into it.
Logan Anderson
I didn't vote in 2016. I'll crawl over broken molten glass to vote for Trump in 2020...just to make faggot shills like (You) seethe. And there are thousands just like me.
