The ONLY place Donald Trump has been cosistanly ahed of Joe Biden in the polls has been on the economy... THAT has been up to now.... Nationwide polling has Biden closing in Trump on how who people think would give them a better economy ... Trump's leads in several of … [Read more...] about Biden is closing in on Trump’s economy polling advantage….
US Economy
Almost 32 Million Americans are getting unemployment benefits…Open Thread for 7/23/2020
The number of jobless people applying for the money is going up .... More people are going to lose their jobs as some states reclose and local and state governments deal with holes in their 2021 budgets... Congress was talking about ending extra benefits , but THAT has been … [Read more...] about Almost 32 Million Americans are getting unemployment benefits…Open Thread for 7/23/2020
Jobless claims slow for May…Economy Bottomed out?…Open Thread for June 4th, 2020
Maybe? 1.9 million people filed for unemployment benefits last month bringing to total number to over 40 million since the virus restrictions kicked in and closed the country's economy down... Experts thing there is 30 million people actually receiving the money from their … [Read more...] about Jobless claims slow for May…Economy Bottomed out?…Open Thread for June 4th, 2020
41 million have lost jobs since virus hit…Jobless application’s slow to 2.1 million last week…
While more people are going back to work everyday? More are also being laid off.... The extra $600 a week in unemployment benefits will run out in July if Congress does not extend it...So far Republicans do NOT want an another few months of it... THAT will be felt in the … [Read more...] about 41 million have lost jobs since virus hit…Jobless application’s slow to 2.1 million last week…
American Retail sales drop almost 20%…..
A whole LOT of America stayed home.... (A lot are still close to home) For six weeks people only brought food and paper goods mostly.... Retail stores where closed and most only operated on line.... Small business , which the IS most of the American economy, closed … [Read more...] about American Retail sales drop almost 20%…..
US jobless at 20.5 million…Unemployment at 14.7% of the population….
The affect of the virus on the America workforce is the worst since the 1930's Great Depression.... The virus has hit America harder and longer then any other county so far... It is gonna take a while for jobs to come back and some of those jobs are not coming back as … [Read more...] about US jobless at 20.5 million…Unemployment at 14.7% of the population….
U.S. retail sales drop 8.7% in March…The country drops into a Recession…
People where at home... People where laid off and lost their jobs... Businesses closed... Lot's of people lost their pay checks... The America economy is in a tailspin... And some feel could shrink by up to 40% depending on how long virus restrictions are in effect … [Read more...] about U.S. retail sales drop 8.7% in March…The country drops into a Recession…
Stock Market end’s March 2020 down 410 points…Lowest in 1st Qtr Ever…
So much for the rally yesterday.... The American economy IS taking a dive from a virus and false hopes from an American President.... Throwing money as some companies isn't enough right now... People are losing their jobs and pay checks ... The Dow closed down … [Read more...] about Stock Market end’s March 2020 down 410 points…Lowest in 1st Qtr Ever…