[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 64 KB, 600x400, charging-bull-az-jackson.jpg [View same] [iqdb] [saucenao] [google]
18974344 No.18974344 [Reply] [Original]

>le 20 million jobs lost

8% of those who lost their job in April said they were furloughed, meaning the unemployment in theory will be temporary. Goldman strategist Jan Hatzius said this is an important distinction to make, given that it suggests the recovery will be swifter.

https://www.cnbc.com/2020/05/08/why-the-market-is-up-even-with-historic-job-losses.html

>> No.18974367

>>18974344
>they were furloughed not terminated so we dont have to pay them severance packages and unemployment benefits

>> No.18974391
File: 129 KB, 1318x741, 389631E5-0818-4B3F-99FD-B28212CD6D57.jpg [View same] [iqdb] [saucenao] [google]
18974391

>posts starts with “le”

>> No.18974413

>>18974344
So it's 18.4 million? Still seems like a lot.

>> No.18974417

>>18974391
You are clinically autistic, right?

>> No.18974438

>>18974413
it's 3.6 million and already opening up again
also a large chunk of them gets more in benefits than they earned working, they will go back immediately

>> No.18974484
File: 122 KB, 600x649, 1589035893726.png [View same] [iqdb] [saucenao] [google]
18974484

>>18974344
>le

>> No.18974507

>>18974344
I know very little about economics but is it not likely the economy will recover rapidly when lockdowns are lifted and people can just go back to work? Like every country in the world is in a similar situation but the cause is very obvious and when coronavirus becomes less of a threat we will just carry on as normal?

>> No.18974523
File: 38 KB, 550x404, I3ZGpYZ.jpg [View same] [iqdb] [saucenao] [google]
18974523

>>18974484
Le upboat

>> No.18974524

>>18974484
Let me spell it ouf for you, that's irony and if you don't get it, you're a newfag

>> No.18974535

>>18974507
That's the thesis. We're already 30% past the lows. The entire stock market will mega moon this year and the following

>> No.18974550

brother in law is a designer for American Greetings. Grocery stores stopped selling and draped off cards to buy at stores due to essential bs and he was furloughed. hopefully he gets hired back as soon as retarded policies end.

>> No.18974555

DLIR in my state (Hawaii) released their numbers and of the unemployment claims that they have processed so far, more than 35% of them have been disqualified as false claims.

More than 1/3rd of these niggas are lying and just applying to get free shit. The average payout so far is about $4k per month. Ridiculous.

>> No.18974617

>>18974524
>just a joke
Nice joke spreading reddit retardation