Weekly initial jobless claims surge
to 853,000 vs. 730,000 expected
NBC News,
by
Lucy Bayly
Original Article
Posted By: Dreadnought,
12/10/2020 10:53:09 AM
Initial jobless claims soared to 853,000 last week, as the surge in coronavirus cases pushed more businesses to implement stricter measures on social distancing, forcing more people out of their job.
More than 3,000 Covid-related deaths were recorded across the country Wednesday, according to an NBC News tally.
Economists had predicted the latest weekly jobless claims total would be around 730,000, higher than the prior week's newly revised tally of 716,000, but still more than four times the pre-pandemic average of 200,000.
"This week’s report brings a substantial round of movement in the wrong direction,"
Reply 1 - Posted by:
LtE126 12/10/2020 10:56:15 AM (No. 627958)
Thanks illegal biden voters!
5 people like this.
Reply 2 - Posted by:
DVC 12/10/2020 11:03:02 AM (No. 627969)
The Demonrats, working hard to destroy what was LITERALLY the best economy of the last 50 years, working for ALL Americans.
Chip, chip, chip, chip.....they will crash and burn the economy. It is what they do, every single time.
11 people like this.
Reply 3 - Posted by:
Skinnydip 12/10/2020 11:30:41 AM (No. 628003)
Written with glee by Lucy of NBC "News".
3 people like this.
Reply 4 - Posted by:
smokincol 12/10/2020 12:05:33 PM (No. 628028)
of course!!, the MSM is spreading the word that bidet biden will be our next President.
suggest to all who are not viewers of Newsmax, OANN, NTD(Epoc Times), Sound of Hope, Officer Tatum and all the rest of the best in the business personalities tune in for some real news not the kind that gives us 30 seconds of News and 2 minutes of ads.
2 people like this.
Reply 5 - Posted by:
reefdiver 12/10/2020 12:20:47 PM (No. 628039)
Wonder what would happen if all media personnel were out of a job. Would anyone care?
3 people like this.
Reply 6 - Posted by:
john56 12/10/2020 12:40:47 PM (No. 628056)
Too bad more of the layoffs aren't among RAT infested media whores.
And when Sleepy Creepy Crooked Uncle Joe starts his mandatory mask/shutdown orders, watch that number zoom. And stay high.
4 people like this.
Reply 7 - Posted by:
Proud Texan 12/10/2020 12:58:29 PM (No. 628073)
If Biden's bosses get their full agenda (very similar to FDR's),passed, the resulting depression will make the Great Depression of the 1930"s look like party time. It took WWII to get the U.S. out of the depression that was caused by FDR's socialist takeover. If not for those policies, it would have been a recession.
Because we had an agrarian economy then, the soup lines actually had food. Everything is so integrated now and farmer's can't raise crops without access to a lot of money for operating expenses, there would probably be a lot of hungry starving people. Imagine that. Deja Vu all over again for socialism.
1 person likes this.
Reply 8 - Posted by:
anniebc 12/10/2020 12:59:14 PM (No. 628076)
Things are working out well for the communist party.
4 people like this.
Reply 9 - Posted by:
MrDeplorable 12/10/2020 1:00:14 PM (No. 628079)
There is no surge -- repeat, NO SURGE -- in COVID "cases," cases being defined by the CDC as positive test AND/PLUS clinical symptoms. The "surge" is in positive tests NOT CASES. Death rate remains the same. The whole COVID scare is a HOAX, concocted for its use in partisan politics.
3 people like this.
Reply 10 - Posted by:
Heraclitus 12/10/2020 1:01:42 PM (No. 628083)
President Trump, after the first "fifteen days to flatten the curve," Fauci & Co. were advocating another 15 days of quarantine, warned that "the cure must not become worse than the virus." His instincts were right. Indeed, common sense tells us this is so.
How to break the American "can do" spirit that has compelled us to victory in war, to create and invent and innovate, find a way? Notice how the Middle Class is being crushed, the small businesses, where the backbone of a market economy is. Marxists from the beginning targeted the "middle class" for this very reason. Lenin railed against it, when average Russians believed they'd finally won the freedom and rights to build their own dreams. The Bolsheviks went after the "kulaks" and the "trade unionists" and those "bourgeois technicians, craftsmen, mechanics... until Lenin couldn't find an horologist to fix his clocks.
I think we are virtually certain that the CCP is a prime mover in the fraud operations to make sure Biden is made POTUS. Communist China means to dominate the world. I don't think they've got much more to do to accomplish that if Biden is installed. A China virus that shuts down, weakens, depletes, breaks the will of the entire Western world. As a final act of submission/obedience, wear a mask even though the science is showing masks don't do what the Dem minders assert.
A man-made depression. My opinion: Deep State (meaning our Justice Dept. and FBI and security agencies --CIA, NID--) compromised by colluding with the CCP, where Dems have been cavorting for a long time, for "filthy lucre." They have sold out our Country.
By the way, these traitors ought to know that their new communist bosses don't treat traitorous people well at all... if you betray your own country, what are you?
2 people like this.
Reply 11 - Posted by:
DVC 12/10/2020 1:15:24 PM (No. 628110)
#5, I would care. I would be very pleased, as would millions of other Americans.
2 people like this.
Reply 12 - Posted by:
Jethro bo 12/10/2020 1:36:46 PM (No. 628133)
Wow! The Commander in Thief hasn't even been sworn in and the Biden Depression has started.
1 person likes this.
Reply 13 - Posted by:
red1066 12/10/2020 2:11:03 PM (No. 628165)
It's not surprising since the politicians are shutting everything down again. It worked so well the first time, they decided to do it again. Just like idiot voters who keep voting in the same party and expecting different results.
1 person likes this.
Reply 14 - Posted by:
Zarin 12/10/2020 3:56:07 PM (No. 628258)
Of course - the Harris/Biden Admin. has trotted out their economy killing policies & plans. Business owners are dropping employees like rocks - as they do not feel they can keep up SOP in the near future. If Trump had won - it would be a very different story.
0 people like this.
Reply 15 - Posted by:
judy 12/10/2020 3:59:43 PM (No. 628261)
N BS never reports when Trumpmnumbers are Good!!!
0 people like this.
Reply 16 - Posted by:
DARling 12/10/2020 4:56:37 PM (No. 628307)
Keep shutting down large urban areas and you will have hundreds of thousands of layoffs. Is anyone really surprised by this?
1 person likes this.
Below, you will find ...
Most Recent Articles posted by "Dreadnought"
and
Most Active Articles (last 48 hours)