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Topic: The number of jobless people has crossed one million in US - worrying sign? (Read 670 times)

copper member
Activity: 28
Merit: 0
this time is very critical for the U.S  because they are facing covid-19 and strikes.and the other thing is they are in involve in a different war like Iraq, Syria etc. that's why they have have very bad economic condition. I think it will take too much time to recover it especially this year there is no way to recover.
sr. member
Activity: 1638
Merit: 300
vaccine is the solution to this problem.

totally, no.  Vaccines won't do much for some health skeptics, politics and economics.  We all know that vaccines have some very logical drawbacks to reject the presence of these fluids and do not need to be injected into the human body.  A doctor will definitely think about it again when he decides to approve or refuse to introduce foreign fluids into his body.  We do not know what the liquid contains, which could be something that is not good for our bodies which is deliberately inserted into the bodies of all humans in the world including babies and children.  Doctors and other intelligent people would prefer to refrain from using it and see its impact on what changes occur in humans after injecting the vaccine in a period of 4 years.  Indeed it is a very long time, maybe even a new virus has emerged.  But what we need to know is that Covid does exist, and has dangers.  But the possibility for someone to recover is very high, meaning that we don't need to be too afraid of the presence of Covid, but we must be vigilant.

The Russian vaccine just passed the phase 3, also known the human trial. Right now people are rejoicing as they've been waiting for that months ago. India which is one of the hotspots of the virus is now talking about it and how thankful they are. Lastly, I don't see why we should depend on how people recover from this virus, that is just a ignorant way of saying let them die if they can't survive it. US will also have the vaccine and that could lead to great recovery of the economy and also getting back of the jobs they lost.
hero member
Activity: 1470
Merit: 555
dont be greedy
vaccine is the solution to this problem.

totally, no.  Vaccines won't do much for some health skeptics, politics and economics.  We all know that vaccines have some very logical drawbacks to reject the presence of these fluids and do not need to be injected into the human body.  A doctor will definitely think about it again when he decides to approve or refuse to introduce foreign fluids into his body.  We do not know what the liquid contains, which could be something that is not good for our bodies which is deliberately inserted into the bodies of all humans in the world including babies and children.  Doctors and other intelligent people would prefer to refrain from using it and see its impact on what changes occur in humans after injecting the vaccine in a period of 4 years.  Indeed it is a very long time, maybe even a new virus has emerged.  But what we need to know is that Covid does exist, and has dangers.  But the possibility for someone to recover is very high, meaning that we don't need to be too afraid of the presence of Covid, but we must be vigilant.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
Want to know why the U.S. economy is in free fall? Why restaurants and bars are closing, putting millions out of work, and why the airline industry is facing possible bankruptcy? Why schools across the nation are shutting down, leaving students to fall behind and parents without safe places to send their children everyday? Why the stock market is plummeting, wiping out the retirement and college savings of millions of Americans? Why the elderly are isolated in nursing homes and tens of millions who don’t have the option of teleworking have no idea how they will pay their bills?
BECAUSE WE WERE NOT PREPARED FOR THIS.
So we should blame the God?

Or the people who are competing each other for their personal benefits between religions,borders,etc!

Ofcourse we are not prepared for this pandemic but we should survive and we will for sure but there will be lot of suffering in this process, every individual has to save themselves if they don't want to die in starving.
copper member
Activity: 28
Merit: 0
Want to know why the U.S. economy is in free fall? Why restaurants and bars are closing, putting millions out of work, and why the airline industry is facing possible bankruptcy? Why schools across the nation are shutting down, leaving students to fall behind and parents without safe places to send their children everyday? Why the stock market is plummeting, wiping out the retirement and college savings of millions of Americans? Why the elderly are isolated in nursing homes and tens of millions who don’t have the option of teleworking have no idea how they will pay their bills?
BECAUSE WE WERE NOT PREPARED FOR THIS.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Yes, its a worrying sign. Knowing that US is the most powerful country, million of jobless americans due to covid-19 can really affect their economy. I believe that manpower, and businesses are the main factors that made the country's economy grow. But, it's never a surprised because almost everyone got affected with this pandemic anywhere in the world. The only sad thing is, the poorest countries, like mine is really having a hard time dealing all this strange things more so in restoring the dropped-dead economy.
I hope and believe that US can cope up with all the losses, they are a rich and powerful country and they have unlimited resources after all.
it better than US than other countries, jobless in US got high stimulus to cover their monthly needs. US still have power to cover unemployment by printing money or anything they can do. but in other countries especially developted countries which is have no much money to cover , there will be social impact,. this pandemic really make economic activity dying, its very dillema to choose locking down or still allow people working.
At best the measure taken by the US government of printing a lot of money and give it to all of those people that were unemployed is a short term solution to a problem that is not going to disappear anytime soon, businesses are ruthless and they are going to fire all the people that they do not need to keep their business going and if they can they will automate many of their processes and this will only increase unemployment over the long term, so it will be very interesting to see how the US tries to solve this because if I'm being honest I do not see an easy solution to all of this.
member
Activity: 344
Merit: 11
A pandemic has occurred and, worse, riot, protests in 2020. The US economy has shown no signs of recovery in a long time of the pandemic, many people die and many are infected.
Like other countries, many countries are halting economic activities because of the effects of the pandemic. They can only create more jobs for people when they can handle the pandemic.
sr. member
Activity: 980
Merit: 250
Yes, its a worrying sign. Knowing that US is the most powerful country, million of jobless americans due to covid-19 can really affect their economy. I believe that manpower, and businesses are the main factors that made the country's economy grow. But, it's never a surprised because almost everyone got affected with this pandemic anywhere in the world. The only sad thing is, the poorest countries, like mine is really having a hard time dealing all this strange things more so in restoring the dropped-dead economy.
I hope and believe that US can cope up with all the losses, they are a rich and powerful country and they have unlimited resources after all.
it better than US than other countries, jobless in US got high stimulus to cover their monthly needs. US still have power to cover unemployment by printing money or anything they can do. but in other countries especially developted countries which is have no much money to cover , there will be social impact,. this pandemic really make economic activity dying, its very dillema to choose locking down or still allow people working.
hero member
Activity: 1722
Merit: 528
The unemployment rate is very alarming without any doubt as well as the increase in cases of Covid19. I think that a good plan should be created to reactivate the economy in the USA. Business bosses should take special care with their workers to prevent them from infected. Because they are representing an important asset to revive the economy. And with respect to customers, require them to comply with the covid19 security measures at 100%.
With the increase in the number of unemployed people the number of cases of theft and other crimes would also spike because people would need money to survive and they aren't having any jobs then they can go down the wrong path in case of a desperate desire. So governement should restart the economy and try to give jobs to the people who recently lost their jobs due to the impact of Covid as a pandemic, or to those who are close to poverty.

It would really happen.

As far as I know I already heard about this, that the percentage of murder in the last month increased though I can't remember by how much. As people employment decreases, the higher percentage of that unemployed people would turn into crime. That will tend to happen but at the same time the country can't just open a lot of job opportunities since it would risk more cases in time.
sr. member
Activity: 1246
Merit: 255
The increase in the unemployment rate is due to a reason that we all know, "the pandemic", which has really swept the governments not only in the US off their feet, I'm sure the US Government is not comfortable about this and must have been making stringent effort to put things back in place but so many other things on her neck.its still better in US, the government support/relief was given and their are still easy access to grants. They need our prayers too. They are not God.
full member
Activity: 868
Merit: 185
Roobet supporter and player!
The unemployment rate is a factor of economic stability. If there is a highly increased in unemployment rate of any country, there is also a low growth of production and services. It damages the whole economy when it comes in GDP. As an individual, we should be worry about it because it is not meant to say that we will not be affected even we are not living in USA. Imagine, a first world country has a problem with jobless people. What is more about those who are living in 3rd world countries which has a lot of jobless people even there is no pandemic? It might affect our living specially if we are looking for a job outside of our country.
legendary
Activity: 3052
Merit: 1273
Why to worry? US has got FED, it has got the ability to print money any time they want (and they don't give a damn about their debts, seriously). /jk
Jokes apart, but it is actually a matter of concern how such a big number of people became jobless and what the government is doing to protect them dying from starvation if such time takes place? I guess Trump will only say - "Hey ladies and gentlemen! We didn't expect this to happen, but as it has happened, we need to stop acting like a kid and become bigger from heart and mind. I'd like to address everyone that whomsoever lost their jobs, it's their duty to find new jobs as we didn't get you fired, Corona did."
sr. member
Activity: 1596
Merit: 335
I was scrolling through the news and suddenly read that the number (claims) of jobless people in US had crossed 1.1 million, and in my personal opinion this is bad news for the US economy which is already struggling to bounce back from Covid19 effects.

Furthermore the Democrats have continued to blame Trump for the economic mess that US is currently facing, but the voters yet believe in his ability to stabilise the economy.

What do you’ll think is it right to say that the US V shaped economy won’t recover this year, or it’s only matter of a few months before it recovers?.

Quote

While polls suggest that voter approval of his handling of the economy remains relatively strong, Democrats are blaming him for the crisis.


Source:

https://www.bbc.com/news/business-53852315?intlink_from_url=https://www.bbc.com/news/topics/c1038wnxypvt/us-economy&link_location=live-reporting-story

It's alarming yet the government can't do anything about it either. We're also experiencing the same thing in our country and the worse thing is, the government can't do anything to sustain the needs of employees who have lost their jobs because of the pandemic. It's really for us to survive life during this economic crisis.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
The unemployment rate is very alarming without any doubt as well as the increase in cases of Covid19. I think that a good plan should be created to reactivate the economy in the USA. Business bosses should take special care with their workers to prevent them from infected. Because they are representing an important asset to revive the economy. And with respect to customers, require them to comply with the covid19 security measures at 100%.
With the increase in the number of unemployed people the number of cases of theft and other crimes would also spike because people would need money to survive and they aren't having any jobs then they can go down the wrong path in case of a desperate desire. So governement should restart the economy and try to give jobs to the people who recently lost their jobs due to the impact of Covid as a pandemic, or to those who are close to poverty.
But that is not up to the government to decide, while governments can create jobs most of the time this just means a bigger and more inefficient government and even if they tried it is impossible to take on all of that people, the job creation needs to come from the private sector but with the economy being in such a bad shape many of those that have the capital are preferring to just invest in bonds or the stock market since they either get security or profits while being invested there, as such if the governments want to reverse this tendency then they need to reduce taxes and give guarantees to new businesses.
full member
Activity: 812
Merit: 142
Many are blaming, the president for the economic mess US is currently facing.more than a million of unemployed in US,because of the covid-19 lockdown , many business have be affected because of the existing Corona virus, many organizations has been closed down, unemployed increasing every day by day.

Government is not the enemy that we should blame for if they are doing their job to handle this pandemic.

If governments are irresponsible to act in the kind of crisis, that's the time where we should blame them for the struggle that we are experiencing. Covid-19 is one of a natural phenomenon where people are dying due to the immediately spread of the virus. It is really hard to live in this way that we can't do what we want to do in the outside world.

That's what makes the businesses closed, and jobless people to increase.

Right now, some of the skilled workers become useless and they are looking for another job where they can earn money. It is hard to live right now, that's why some are relying on the government's support.

the covid19 is our real enemy here not the government  . people blame the government because government declared the restrictions which so many lives are affected  .
what they want ? government to be careless and will still allow life like there was no virus ? isnt that more dangerous .  same on our country they also blamed the government for almost every misery happend to thier lives ( not related to covid )

To a greater extent there was nothing that could be done other than imposing lockdown initially else many would have being positive and in that case hospitals would not have being ready to take so many patients. So that was correct now after this what government needs to focus is on employment how can they generate more employment and how can they hold hands of other small enterprises who now cannot manage or bear losses any further.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
I feel like this also shows that the world can continue with this many people unemployed as well, isn't it? I mean not like we are all dying right now, nor the products are not there, nor the movies are not made or commercials are not there. The whole world continues, maybe not as awesome as it was but it still continues, nothing is holding up that much right now.

It shows you that the only reason why tens of millions of people were employed because it is easier that way and not this way, companies can continue a lot easier that way, right now they are having trouble. It shows you that automation and not just in robotics or industry but in everything has gone skyrocket. We could soon become a world where nobody "has to" work and everyone can just get UBI from HUGE companies that makes tens of billions in revenue.
full member
Activity: 1750
Merit: 118
Many are blaming, the president for the economic mess US is currently facing.more than a million of unemployed in US,because of the covid-19 lockdown , many business have be affected because of the existing Corona virus, many organizations has been closed down, unemployed increasing every day by day.

Government is not the enemy that we should blame for if they are doing their job to handle this pandemic.

If governments are irresponsible to act in the kind of crisis, that's the time where we should blame them for the struggle that we are experiencing. Covid-19 is one of a natural phenomenon where people are dying due to the immediately spread of the virus. It is really hard to live in this way that we can't do what we want to do in the outside world.

That's what makes the businesses closed, and jobless people to increase.

Right now, some of the skilled workers become useless and they are looking for another job where they can earn money. It is hard to live right now, that's why some are relying on the government's support.

the covid19 is our real enemy here not the government  . people blame the government because government declared the restrictions which so many lives are affected  .
what they want ? government to be careless and will still allow life like there was no virus ? isnt that more dangerous .  same on our country they also blamed the government for almost every misery happend to thier lives ( not related to covid )
full member
Activity: 1540
Merit: 219
Many are blaming, the president for the economic mess US is currently facing.more than a million of unemployed in US,because of the covid-19 lockdown , many business have be affected because of the existing Corona virus, many organizations has been closed down, unemployed increasing every day by day.

Government is not the enemy that we should blame for if they are doing their job to handle this pandemic.

If governments are irresponsible to act in the kind of crisis, that's the time where we should blame them for the struggle that we are experiencing. Covid-19 is one of a natural phenomenon where people are dying due to the immediately spread of the virus. It is really hard to live in this way that we can't do what we want to do in the outside world.

That's what makes the businesses closed, and jobless people to increase.

Right now, some of the skilled workers become useless and they are looking for another job where they can earn money. It is hard to live right now, that's why some are relying on the government's support.
sr. member
Activity: 1988
Merit: 453
Yes, its a worrying sign. Knowing that US is the most powerful country, million of jobless americans due to covid-19 can really affect their economy. I believe that manpower, and businesses are the main factors that made the country's economy grow. But, it's never a surprised because almost everyone got affected with this pandemic anywhere in the world. The only sad thing is, the poorest countries, like mine is really having a hard time dealing all this strange things more so in restoring the dropped-dead economy.
I hope and believe that US can cope up with all the losses, they are a rich and powerful country and they have unlimited resources after all.

The response to the pandemic made the difference. According to the latest figure, more than 187,000 deaths have occurred in the United States. Countries with similar population, such as Indonesia and Pakistan have witnessed far fewer deaths. That is surprising, because the healthcare sector in these countries are not in a good state. Even Nigeria have done better than the US, as fer as the response to the pandemic is concerned.
member
Activity: 182
Merit: 11
Yes, its a worrying sign. Knowing that US is the most powerful country, million of jobless americans due to covid-19 can really affect their economy. I believe that manpower, and businesses are the main factors that made the country's economy grow. But, it's never a surprised because almost everyone got affected with this pandemic anywhere in the world. The only sad thing is, the poorest countries, like mine is really having a hard time dealing all this strange things more so in restoring the dropped-dead economy.
I hope and believe that US can cope up with all the losses, they are a rich and powerful country and they have unlimited resources after all.
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