Layoffs stuck at high level as 1.3 million seek jobless aid

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BREAKING: 1.3 million workers seek U.S. jobless aid as layoffs remain historically high amid spike in coronavirus cases.

FILE - In this April 24, 2020 file photo, empty United Airlines ticket machines are shown at the Tampa International Airport in Tampa, Fla. United United Airlines will send layoff warnings to 36,000 employees - nearly half its U.S. staff - in the clearest signal yet of how deeply the virus outbreak is hurting the airline industry.

The total number of people who are receiving jobless benefits dropped 700,000 to 18 million. That suggests that some companies are continuing to rehire workers. The intensifying outbreaks and more stringent government restrictions have slowed economic activity in much of the country and may be weighing on hiring. The government’s jobs report for June showed a solid gain of 4.8 million jobs and an unemployment rate that fell to 11.1% from 13.3%.

“This suggests that renewed fears about the virus, rather than government restrictions, are driving the pullback in activity,” said Andrew Hunter, senior U.S. economist at Capital Economics, a forecasting firm. And in the retail industry, the number of shifts worked changed little last week after steady increases in previous weeks. David Gilbertson, a vice president at Kronos, said this suggests that consumer demand in many cases hasn’t picked up enough to justify more employees.

 

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Trump/Putin has destroyed everything Republic is in control for the time being. Criminal activity as President.

Retail/Hospitality make up over half of that. Herd immunity I believe will be quickest way back to normal. Island nations have achieved that like Iceland and New Zealand.

THIS VIRUS WAS SWORN IN 2017!!!!

Comixgrrl It's getting WORSE because we have Ignorant leaders and people who refuse to respect a virus which has killed 136,000 Americans and thousands on ventilators!!! We need a new Pres! senatemajldr SenKamalaHarris SenSchumer SenWarren SenBooker SenCoryGardner realDonaldTrump

I am in danger of losing my job. If I can make enough to purchase a used car I can afford to go to my essential job.

SO THIS IS NOT NEWS FUCK YOU IF ITS NOT I ANDREW L JACKSON AS A DEFENDER OF THE CONSTITUTION AND A VET WITH A OATH DO HEAR BY MAKE A CITIZENS ARREST OF DONALD J TRUMP ON THE CHARGE OF TREASON AND DERELETION OF DUTY IT IS THE LAW AND ONE OF MANY RIGHTS

FLOTUS IvankaTrump realDonaldTrump LIARS!!!!!!

Are we great yet? Is this winning MAGA2020 TrumpCrimeFamily

GregAbbott_TX realDonaldTrump RonDeSantisFL Your handiwork again.

Yolie_Rios There is no common sense today! We are living in an unstable environment! There is Chaos, there is uncertainty, there are lies, deceit and fraud! Welcome to the world of CON DON!

You reap what you sow.

Hmmm.thursdaymorning thursdayvibes coronavirus LadyA BREAKING coronavirus investing SignsTheyArentIntoYou Trump2020 HuffPostPol bpolitics politico Independent guardian DailyMail HoustonChron

moore2score You ALL would have been BITCHIN' a LOT more louder if Pres. Trump's first reaction to the coronavirus was to COMPLETELY CLOSE the Country. Nobody in, Nobody out. From everywhere. NOT just China. Think about it.

We need a new political party comprised of progressive people who have beeb beat up by the red n the blue, we will call it the purple party, made from our bruises from the red n blue

I bet you a million dollars that the guy in the white house who claimed daily credit for a great economy he inherited isn't going to take any responsibility for this. His supporters will blame the virus but not his incompetence in his handling of it which lead to this mess,sad!

I own a business and have been working on hiring employees. They either don’t show up to the interview or just simply don’t call back. What’s happening America?

Why has every other country been able to handle the pandemic without economic collapse? Is it because they have better leadership? Yes. Is it because they believe in science? Yup. Is it because they've kept a lid on conspiracy nonsense? Absolutely.

This what happens when you have tyrannical governors shutting down the economy for a disease that has a 99% survival rate for those under 70. And a corrupt media that works 24/7 to scare Americans into submission. FakeNews coronavirus

Texas 2,628 Covid deaths 11,431 Influenza deaths California 6,374 Covid deaths 17,838 Influenza deaths (2009 H1NI was declared a global pandemic when only 12,000 died) Virginia 1,853 Covid deaths 3,226 Influenza deaths Georgia 2,878 Covid deaths 4,266 Influenza deaths

I was furloughed in the end of March. Not even one single interview in four months. realDonaldTrump loser!!!

JonLemire Saw you on MSNBC saying president advised 'injecting bleach'. Can you show me the transcript where he said that? Dishonest POS.

Reminder that republicans want to let unemployment benefits expire now that they’ve already funneled billions of dollars to their lobbyist buddies. senatemajldr gop SenateGOP

Unemployment numbers at this time are useless and will be until well after restrictions are lifted

🇺🇸🆘 If you can, please support FeedingAmerica FoodBank4NYC hkfarmproject

JonLemire My husband has been furloughed since the end of March and we lost our health insurance, which was through his employer, Hyatt Hotels. No end in sight.

Negative article from liberal media. From the July 9th report:

FakeChineseVirusCrisis We WANT more infections & continue the downward trend for death rates! Will prove KungFlu is no more deadly than the common flu viruses or other communicable viruses/diseases that kill over 5 million every year! HerdImmunity ReopenAmericaNow Trump2020

After 239 scientists send their letters to the World Health Organisation saying the coronavirus is dangerously airborne, WHO finally say that the coronavirus might be airborne!!!

Praying for America🙏🏻🙏🏻

❤😍

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Companies are laying off workers at a persistently elevated rate as a spike in virus cases has forced six states to reverse their decisions to allow many businesses to reopen.

JamarlinMartin Boy this is starting to look like early years of Mao. Did not ever think America would embrace communism.

PLEASE PRAY ONE ALL. SINCERELY MS. GARY. ALWAYS PRAY.

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U.S. Initial Unemployment Claims Edge Down in Latest WeekInitial unemployment claims edged down to 1.3 million in the latest week and workers receiving benefits eased slightly to 18.1 million, the Labor Department reported Thursday. Are these people knuckleheads? Every case of Covid the person is taken out of the economy for 14 days? 50K a day millions more to come at home all people in contact at home. Layoffs every 14 days its not about deaths anymore. Trying spin good news of 18 million on benefits and millions more that are jobless? PAss the HeroesAct A Korean underground band. Three guys sing a song Sweet Caroline having kimchi soup & soju -Korean alchol- Have a fun!
Source: WSJ - 🏆 98. / 63 Read more »

Layoffs: 1.3M workers file for unemployment as COVID-19 spikes and businesses close again1.3 million Americans filed unemployment claims last week, as spikes in COVID-19 cases renew fears of economic turmoil See how the coverage compares against other news outlets on Ground News unemploymentrate Economy Business Politics WashingtonDC USA Today stock is what a $1 now. Maybe if you would report real news, people would read your stuff. We already have enough propoganda news try being the only REAL news source that people believe and watch your stock go back up. We are just at the beginning of the unemployment disaster that is going to happen. Hotels, airlines, retail stores, they are now cutting significant jobs or filing for bankruptcy. Places like Orlando, FL that literally functions off tourism, has a 23.4% unemployment rate...
Source: USATODAY - 🏆 100. / 63 Read more »

Hires hit one-month record high while layoffs see new low, JOLTS report showsEmployment vacancies also shot up, rising 8% amid a reopening from the coronavirus thanks largely to a jump in the hospitality industry Useless info Thomas Jefferson's descendants unite over a troubled past TRUTH .... Thomas Jefferson had SIX children with one of his Black SLAVES
Source: CNBC - 🏆 12. / 72 Read more »

Layoffs Fell in May to Pre-Coronavirus LevelsThe number of Americans dismissed from their jobs fell sharply in May to match levels recorded before the coronavirus pandemic and related shutdowns caused widespread layoffs. No, the May jobs report doesn’t capture “the recent increase in Covid-19 cases in several states” happening a month later. Let’s say cases are dropping in early August; will that in turn be appended to the title of your piece on the June report?
Source: WSJ - 🏆 98. / 63 Read more »