Nearly-half-of-American-adults-are-now-unemployed - Survivalist Forum
Survivalist Forum

Advertise Here

Go Back   Survivalist Forum > >
Articles Classifieds Donations Gallery Groups Links Store Survival Files


Notices

Financial Forum Economics and Precious Metals

Advertise Here
Reply
 
Thread Tools Display Modes
Old 06-29-2020, 10:52 PM
bunkerbuster's Avatar
bunkerbuster bunkerbuster is offline
VIP Member
 
Join Date: Dec 2013
Location: Out west
Posts: 10,174
Thanks: 5,962
Thanked 30,729 Times in 8,289 Posts
Default Nearly-half-of-American-adults-are-now-unemployed



Advertise Here

https://www.msn.com/en-us/money/mark...rtan-dhp-feeds

TOUGH TIMES for many & no end in sight.
__________________
Itís dangerous to be right, when the government is wrong. The price of freedom can be seen at your local VA hospital.
Quick reply to this message
The Following 4 Users Say Thank You to bunkerbuster For This Useful Post:
Old 06-29-2020, 11:07 PM
MTShawn's Avatar
MTShawn MTShawn is offline
Forum Administrator
 
Join Date: Feb 2012
Age: 49
Posts: 5,626
Thanks: 31,158
Thanked 18,010 Times in 4,782 Posts
Awards Showcase
Outstanding Thread 
Total Awards: 1
Default

Yet, every company I know is hiring.

Many are refusing work while the teet is engorged with free cash. While it will run out shortly.
Quick reply to this message
The Following 13 Users Say Thank You to MTShawn For This Useful Post:
Old 06-29-2020, 11:32 PM
Nomad, 2nd Nomad, 2nd is online now
Survivor
 
Join Date: Oct 2008
Location: Gulf coast and/or Nomadically
Posts: 33,163
Thanks: 32,368
Thanked 73,581 Times in 22,678 Posts
Default

July 31

Should be interesting ~ August 30.
Quick reply to this message
The Following 2 Users Say Thank You to Nomad, 2nd For This Useful Post:
Sponsored Links
Advertisement
 
Old 06-30-2020, 12:38 AM
Madoc Madoc is offline
Hunter
 
Join Date: Sep 2016
Posts: 1,078
Thanks: 1,466
Thanked 3,509 Times in 903 Posts
Default

Quote:
Originally Posted by bunkerbuster View Post
https://www.msn.com/en-us/money/mark...rtan-dhp-feeds

TOUGH TIMES for many & no end in sight.
We have a very similar problem in my current AO. I do believe that the consequences of this percentage of unemployment will be far greater i.e. much more lethal than the nasty Chinese flu. If there is any upside to this, it's going to be to self identify the people who don't want to work regardless, and separate them from the people who want to work but can't. That does not mean that things will work out well; but I suspect it will provide a degree of clarity that so far, many of the people who want to work but can't, failed to acquire because, they have had heavy indoctrination into the Church of Virtue-Signalling.
Quick reply to this message
The Following 3 Users Say Thank You to Madoc For This Useful Post:
Old 06-30-2020, 01:04 AM
6.8SPC's Avatar
6.8SPC 6.8SPC is offline
"eleutheromaniac"
 
Join Date: Jul 2010
Location: 50+ Years Living with ALASKA Coastal Brown Bears
Posts: 3,053
Thanks: 3,512
Thanked 7,343 Times in 2,088 Posts
Default

Going to get super ugly here in Paradise, Alaska. And I fear it will last a long and painful time. People have already started the migration to perceived better survival locations.
Quick reply to this message
The Following 3 Users Say Thank You to 6.8SPC For This Useful Post:
Old 06-30-2020, 06:34 AM
Iamfarticus's Avatar
Iamfarticus Iamfarticus is online now
Survivor
 
Join Date: Oct 2014
Location: LI, NY
Posts: 7,965
Thanks: 6,472
Thanked 15,850 Times in 5,692 Posts
Default

I retired in April, it was getting too squirrely there for my liking of how they handled the virus. Yet they are constantly hiring. Production is down, buy they want to get those milestone payments coming in.

If you are in the service industry, good luck with many businesses closed down. One kid down the block made around double his normal take home pay with that $600 icing on the cake. He had to go back to work a few weeks ago or he would be terminated.
Quick reply to this message
The Following User Says Thank You to Iamfarticus For This Useful Post:
Old 07-02-2020, 09:57 AM
Prepper_Ed's Avatar
Prepper_Ed Prepper_Ed is offline
Trapper
 
Join Date: Dec 2018
Location: NW Arkansas
Posts: 811
Thanks: 1,132
Thanked 1,838 Times in 588 Posts
Default Today's Employment Report

The official government employment report was released this morning and it was much better than anticipated. In summary:

Non-farm payrolls rose by 4.8 MM in June, much better than the 2.9 MM figure expected.

The unemployment rate fell to 11.1%, also better than expected.

Leisure and hospitality sectors accounted for about 40% of the gain in employment. Retail jobs rose by 740K, education and health by 568K and manufacturing by 356K.

The number of Americans temporarily laid off fell by 4.8 MM to 10.6 MM.

Average hourly earnings fell 1.2%, probably due to the re-entrance of more lower paid workers to the labor force.

The labor force participation rate rose to 61.5% which is only 1.9% below the February level.
Quick reply to this message
Reply

Bookmarks



Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Survivalist Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:
Gender
Insurance
Please select your insurance company (Optional)

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.



Thread Tools
Display Modes

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 08:44 AM.


Powered by vBulletin®
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
Search Engine Optimisation provided by DragonByte SEO (Lite) - vBulletin Mods & Addons Copyright © 2020 DragonByte Technologies Ltd.
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2020 DragonByte Technologies Ltd.
Copyright © Kevin Felts 2006 - 2015,
Green theme by http://www.themesbydesign.net