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/biz/ - Business & Finance

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19489160 No.19489160 [Reply] [Original]

Literally FUCKING HOW? How on God's green earth does personal income INCREASE during the middle of a worldwide pandemic and economic shutdown?! What?!

>> No.19489181
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19489181

>>19489160
Bing bing bong

>> No.19489209

>>19489160
People who were making $400 employed were now making $800 to $1000 unemployed....which is why the unemployment is so artificially high....fucking niggers looting AND collecting unemployment...truly worst than jews.

>> No.19489234

Because of shitty data interpretation.

What is probably happening:
>people buying more stuff with their govt checks, giving illusion of increased spending ability
>people not spending money on ongoing things like rent (frozen) or fuel (not driving)

>> No.19489247

Post yfw I'm getting paid $3000/month in unemployment

>> No.19489262

>>19489234
Okay but that still doesn't exain this:
>wages and salaries... increased 0.3 percent in April after increasing 0.4 percent in March
Wages and salaries aren't dependent on spending.

>> No.19489275

>>19489262
Yeah I'm not so sure there, we'd have to look at the data set to see where the trick is happening. At least you know there's bullshit afoot which puts you ahead of a lot of other idiots.

Maybe something to do with the CARES act, since it's the largest wealth transfer to the richest in America's history.

>> No.19489372

>>19489160
Bullish for ARPA and the impending Asian rise.

>> No.19489402

>>19489234
>Because of shitty data interpretation.
Same thing with science. People are easily misled by FACTS and don't look beyond their meaning.

>> No.19489525

>>19489160
most wagies get less than they would get on welfare lmao
neetdom is the answer

>> No.19489749

>>19489247
is that with or without the stimulus check or just unemployment?

>> No.19489774

>>19489209
Yep if they had jobs they’d be more conscious to be out rioting. catch a charge and get fired

>> No.19489840

>>19489209
its not entirely artificial alot of people dont have a place of work to return after quarantine its something like 40% of unemployed are permanent

>> No.19489926

>>19489160
Does unemployment factor into that? If not, people are just dropping out of the statistic at the bottom.

>> No.19489962

>people have no jobs
>only people with jobs are essentials workers
>they probably get a raise for having to work during covid

>> No.19490277

>>19489926
I wouldn't think unemployment counts as "wages and salary" but then again I'm not a book-cooking jew so what do I know?

>> No.19490935

>>19489160
If you don't know how to make it during the pandemic, you are just low IQ at this point. I am literally 10x my last years income at this point.

>>19489372
A lot of it has gone into ARPA too desu
t. mini-whale

>> No.19490987

>>19490277
It does because it’s taxable. Everyone receiving unemployment will be taxed on it like it was income next year.
Btw, people on unemployment are pulling in 4K a month for max benefits. I’m making 6k a month workig part time and claiming unemployment.

>> No.19491586

>>19490987
Isn't that fraud?