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Sahil Bloom
SahilBloom
Stagflation 101The term "stagflation" is used frequently in discussions of monetary policy and risks in the post-COVID world.But what is stagflation and how does it work?Here's Stagflation 101! 1/ Before
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CBC News Alerts
CBCAlerts
Canada lost 1,011,000 jobs last month and the unemployment rate shot up to 7.8% in March from 5.6% in February, StatsCan says. The number dwarfs the previous record of 129,000,
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TheCyberChick
warriors_mom
Riding the State Unemployment Fraud ‘Wave’ as a number of U.S. states are possibly making it easier for crooks by leaking their citizens’ personal data from the very websites the
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Power Coalition for Equity and Justice
PowerCoEJ
Hey! Hi, Louisiana!We are entering one of the most decisive times of this pandemic. The decisions made in the next few weeks will impact us for decades. Funding for state
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Wendell Potter
wendellpotter
As a former insurance exec I knew my old industry was out of touch, but this is bad: The industry got some rightwing economists to say how great it is
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Ben Casselman
bencasselman
Another 4.4 million Americans filed for unemployment benefits last week. That brings the total since widespread business shutdowns began in mid-March to 26.5 million.https://www.nytimes.com/2020/04/23/business/stock-market-today-coronavirus.html?type
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facts are facts.
AKCamardelle
Are you tired of this tired idea floating around that people who turn to unemployment insurance are "better off" not going back to work because the feds are providing a
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Joe Colangelo
Itsjoeco
In the last two days I've had 3 people turn down $20/hour and 20 hours/week because they don't want to lose their unemployment As it stands currently, I'm competing with
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Garrett Felber
garrett_felber
Coronavirus was just the fuse in the tinderbox. The U.S. nation state is the cause. You don't get one man making 8 million an hour while 10 million file for
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Jed Kolko
JedKolko
Another way this time is different:This is a big-city recession. Payroll employment has fallen most in the largest metros since February.1/ Unemployment has risen most in the largest metros.The BLS
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Charles Fain Lehman
CharlesFLehman
unemployment is probably the highest it's been since the Great Depression and the Dow is up 500 points lol lotta people responding to this who are a) very certain the
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facts are facts.
AKCamardelle
NEW: Attn to GA’s #UnemploymentInsurance system is long overdue. The economy is coming to a standstill & UI claims are surging. Unless state leaders use existing authority to ease access
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Kathleen Henehan
kathleenhenehan
Good to hear that tomorrow, @RishiSunak will outline a Plan for Jobs that includes a £2bn Kickstart scheme to offer temporary jobs to unemployed young people. 1/8 Why does this
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Michael R. Strain
MichaelRStrain
THREAD. The debate over unemployment benefits is premised on a false choice, as if it’s impossible to support consumer spending without excessively discouraging people to go back to work.My latest
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Kambree
KamVTV
Joe Biden would be the worst choice to lead the U.S. economy out of the Coronavirus crisis. President Trump knows what it takes to get Americans back to work. The
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Kelvin Odanz
MrOdanz
Mr Price has closed shop and left Nigeria. Apparently Shoprite too is closing its operations and leaving Nigeria after selling its stakes.Very soon multichoice and MTN might also leave. Buhari
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