California unemployment could peak near 25% with 4.6 million claims filed so far, Newsom says

Nearly 4.6 million Californians have filed for unemployment claims since March 12, which is 2.4 million more workers when compared to the peak unemployment level from the fallout of the financial crisis, Newsom said during a press briefing.

Nearly 4.6 million Californians have filed for unemployment claims since March 12, which is 2.4 million more workers when compared to the peak unemployment level from the fallout of the financial crisis, Newsom said during a press briefing. On Thursday, Newsom revealed a revised budget proposal that reflects a revenue decline of 22.3% from the budget he proposed before the coronavirus outbreak. He said that revenue comes from personal income tax, corporate tax and sales tax.

Newsom said the newest budget proposal, which cancels $6.1 billion in program expansions and spending increases, was designed to protect the state's commitment to public health, public safety and public education, he said.

His own damn fault! They barely have any cases

Gee I wonder what would be a good solution to the high unemployment rate...hhhhmmmmm.

GavinNewsom really messed up CA. I feel bad for my West coast friends.

So turn it back on.

Dictator Newsom is the reason

😂😂😂. Californians get what you vote for! See you all in the fall! Enjoy those taxes.

It’s a good thing we had that $21B surplus that Newsom was always bragging about, to help cushion the blow. Now if we hadn’t wasted billions on the bullet train and other similar wasteful expenditures, we might be in better shape.

That’s more of a goal than a fear for Newsolini.

California

How long can California citizens file unemployment?

Liberals don’t want to work. Thanks for driving up National Debt. It isn’t FREE money. Day of paying the piper will come. Social programs in the future affected. Broad class will be responsible for paying back, middle class hit the most. China will assume our debt, lovely.

GavinNewsom - I have been killing Gavin Newsom, because of his use of sensualism! And have been against the way he has handled many things. But he seems to be going back to realistic forecasts, which is always good. I also do believe that with 90% of the businesses in his...

No one will really know the fall out from this until 6 to 9 months from now. The economy has a ripple effect, and it takes two to three quarters to come out. Whatever number we are being told today. It will be a lot higher. Possibly double the number?

Open up the entertainment industry!

No wonder he let the Fremont Tesla factory open, some get jobs, some die, either way it keeps them off the unemployment figures.

You are doing this to yourself GavinNewsom

Stop blaming the virus. The virus didn't cause 25% unemployment. YOU DID, Gov. Newsom. You're committing economic suicide. You're destroying peoples lives, causing bankruptcies, and financial destruction. Allow people back to work. Stop arresting people who want to work.

Huge unemployment = ultimate dream for socialist rulers = they become kings showing their generosity to the poor masses

Congrats CA, you made it to the top!

Better start opening up before it's too late Gav....

Why arent politicians reducing their salary during these lock downs? For the same reason they arent adhering to the lock downs themselves, they believe they are better than us. The political class acts like royalty, not like public servants.

Lets see what kills faster. Communism or Covid-19

Texas get ready, they’re coming your way!

Wasn’t long ago when Venezuela was a rich country with nice beaches and an abundance of natural resources.

Keep it closed!!! let's get it to 50% then maybe people will see DemsAreDestroyingAmerica DemsAreCorrupt

TalentTalks Sounds like someone could use more immigrants!

Better open up Gavin or just raise taxes on your citizens again whatever tickles your fancy.

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Newsom sets new rules for reopening California restaurants, malls and offices amid coronavirusCalifornia restaurants can soon reopen in counties that meet standards for testing and reducing cases, while strip malls can soon provide pickup services, but all businesses must abide by physical distancing and cleaning guidelines, Gov. Gavin Newsom said Two months after the governor issued a stay-at home order that closed most businesses, Newsom said restaurants can reopen for dine-in service in counties that meet state benchmarks, but they should implement changes to prevent spreading the virus RaymondArroyo I'm going to sit back and watch that idiot Newsome fail. Heavens he can't get excrement and needles off the street, how can he manage this He reminds me of an actor pretending to be the Gov. 60 days after declaring a NATIONAL EMERGENCY, the president STILL has no mass TESTING and TRACING program to STOP the disaster & enable SAFE return to work & life. States must fend for themselves & 80,000+ dead. That's not leadership, that's a CATASTROPHE.
Source: latimes - 🏆 11. / 82 Read more »

Chula Vista church sues Newsom, San Diego County over coronavirus stay-at-home ordersThe lawsuit filed says the governor's stay-home orders 'denigrated' churches around the state; the suit follows a similar one filed by a congregation in Campo Pay your taxes. How much bailout money did they get on top of their non-tax status? GOOD 4 THEM!
Source: latimes - 🏆 11. / 82 Read more »

Newsom promises new wildfire prevention efforts during coronavirus crisisGov. Gavin Newsom said Wednesday that California is preparing for a particularly tough fire season as it continues its efforts to slow the spread of coronavirus. 🤦‍♀️ FuckGavinNewsom RecallGavinNewsom
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Weekly jobless claims total 2.981 million as unemployment crisis continuesThe total 2.981 million new claims for unemployment insurance brought the coronavirus crisis total to nearly 36.5 million, Historical blunder to limit American people’s Life’sWork into a rippling medieval depression. Just as the weak Germans panicked into voting in Hitler, then obediently followed orders to rape/pillage women&children... 80m USA voters will definitely vote in sleepy old Joe 🥵 I would love to see this as % which would be more relevant imo Obama never provided a playbook for creating jobs! ~ Little Donnie Trump
Source: CNBC - 🏆 12. / 72 Read more »

Weekly jobless claims total 2.981 million, bringing coronavirus tally to 36.5 millionThe total 2.981 million new claims for unemployment insurance brought the coronavirus crisis count to nearly 36.5 million, though the weekly trend continued lower. We should stay locked down in perpetuity. It’s working great I'm hungry please help me any One Please बस दो रोटी ।मैं ये कर्ज लोटा दुंगा ।रात हो गई । खाना दे दो दोस्त please Trump’s Pandemic hurt the economy as much as his giving of a trillion dollars to the wealthinstead in tax cuts.
Source: CNBC - 🏆 12. / 72 Read more »

US jobless claims preview: Economists expect another week of decline - Business Insider'If the current rate of decline continues, claims will dip below 1M in the second or—more likely—third week of June,' said economist Ian Shepherdson.
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