Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.New US jobless claims for the week that ended Saturday totaled 860,000, the Labor Department said Thursday. That came in slightly above the consensus economist estimate of 850,000, but marked an encouraging decline from the prior week.
. That reading slightly exceeded the median economist estimate of 850,000 compiled by Bloomberg, although it did reflect a decline from the prior period. In just over six months, the more than 61 million unemployment claims filed during the coronavirus pandemic have far surpassed the 37 million during the 18-month Great Recession. The most recent weekly reading still surpasses the 665,000 filings made during the Great Recession's worst week.
“Recovery” is a reach.
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This is not economic recovery lmao wtf. I read that as 860k NEW people lost their jobs again this week.
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COVID-19 danger continues to drive joblessness in USWASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last week to 860,000, a historically high figure that reflects economic damage from the coronavirus outbreak.... MASK will NOT cure this......Voting for LEADERSHIP to DETHRONE TWEETERSHIP will We’ve done nothing and it’s gotten worse ! What a surprise!
Source: AP - 🏆 728. / 51 Read more »
Fed projections show it sees smaller economic hit in 2020 than previously expectedThe Federal Reserve signaled on Wednesday it expects the U.S. economic recovery from the coronavirus crisis to accelerate with unemployment falling faster than the central bank expected in June. Ha ha ha haaaaaa. China is sad. Duh. The vast majority of those effected by COVID 19 were & still are MINIMUM WAGE labor/hands on workers who can't work or don't care to go back. Having said that the other 85% that remained on their jobs were/are more highly trained PROS who can work frm home for more $$$.
Source: Reuters - 🏆 2. / 97 Read more »
Fed pledges to keep interest rates near zero for yearsThe Federal Reserve committed Wednesday to do more to help the US economic recovery, promising more asset purchases and lower interest rates for even longer than it previously expected. ✅✅✅✅ Brrrrrrrrrrr The Fed is ded
Source: cnnbrk - 🏆 393. / 55 Read more »
Dollar rises after Fed's upbeat economic outlookThe dollar edged up against major currencies on Thursday following the U.S. Federal Reserve's upbeat assessment of the economic recovery and as its increased tolerance for higher inflation push bond yields higher. Not many comments or views by Progressives. Don't they understand economics?
Source: Reuters - 🏆 2. / 97 Read more »
Dollar edges higher as Fed outlook lifts U.S. yieldsThe dollar firmed against major currencies on Thursday following the U.S. Federal Reserve's upbeat assessment of the economic recovery and as its increased tolerance for higher inflation pushed Treasury yields higher. Buy Bitcoin
Source: Reuters - 🏆 2. / 97 Read more »
Dow climbs 225 points amid encouraging economic data from China and Germany | Markets InsiderXinhua/Wang Ying/ Getty Images US stocks move higher on Tuesday after investors sized up encouraging global economic data. China's recovery fr... At crucial crossroads, nuclear plant must be stopped!!! 'Georgians do not need to have one more dime extracted from them to build an unneeded radioactive waste factory ... there has never been a better time to stop Plant Vogtle.' Sure wish we’d stop tracking Wall Street as if it’s some meaningful indicator of how the economy is doing. Unemployment is devastating, earning is in the tank, homelessness is on the rise, etc. If you’re going to track something, track real people. Not the reptiles in suits. Check out my Gig on Fiverr: Do You Want To Make 3d Animated Logo Intro Video In $5 ? Contact Me : Logo Animation 3D Logo Animation Top Logo Animation Best Logo Animation
Source: BusinessInsider - 🏆 729. / 51 Read more »