The number of jobless people has crossed one million in US - worrying sign? - page 2.

sunsilk

hero member

Activity: 3038

Merit: 634

Indeed it is an alarming sign. I can somehow remember that news when an economic crisis rose in the US which had affected significantly the world's economy during the great recession, I was still young at age during that time and don't care about the economic status.

But this time, it's very alarming. Left to right, unemployment rate is increasing and this is in the US. And in other countries, this is also being experienced.

Quote from: lumeire on August 31, 2020, 12:35:06 AM

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.

This has been on the news during the protests for George Floyd's death. People tend to get into shops even without permission and took everything they can.

ArIMy11

full member

Activity: 519

Merit: 101

Number of jobless people are everywhere and it is not a good sign. Number of jobless people also increases everyday that cause the economy to bring more down. Due to no job and no money, number of thief also increases. Why ? "Hunger". It makes them steal thing in order to survive their life because they think this is the only way. Yes maybe the Government provide some reliefs but let us admit that it will not be enough for a month or months. We all know that U.S. a first-world country is rich and powerful country but despite of that, they also find it hard to beat this pandemic so it has affect too much in their economy. What more a developing country can do ? Maybe this pandemic has been underestimated. Vaccine is what we need now. I think U.S. will recover fast if there is already a sure vaccine.

TheGreatPython

sr. member

Activity: 2660

Merit: 339

The hardest path is the fact that when you talk about how many people died, how many things went wrong, how economy is doing worst in the history and basically all around how things suck, they say "well there is a pandemic going around and it makes sense that things are not good", well first of all A) it wasn't good before pandemic neither, and also B) other nations had the same thing, they didn't face the same problems. So, they are hiding behind corona when they want to protect republicans but when it comes to wearing a mask they say it is a freedom breach to force people to wear a mask.

I really can't stress how much I hate these people, they are really the scum of the earth. You do not support a politician like that, it is just a dude up there, try to be positive about change and criticism every single president and every single politician can do mistakes, just say it is a mistake when you see it instead of defending some idiotic thing they do.

lumeire

legendary

Activity: 1848

Merit: 1009

Next-Gen Trade Racing Metaverse

Quote from: verita1 on August 30, 2020, 07:19:17 PM

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.

verita1

member

Activity: 1358

Merit: 81

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%.

Sanitough

hero member

Activity: 2856

Merit: 674

Quote from: Chrystora123 on August 30, 2020, 03:50:13 PM

This phenomenon does not only occur in the US but in almost all over the world, especially countries that have large populations, a democracy, and industrialized countries.. a major newspaper in my country alone has reported shocking data which says that more than 2 million new unemployed created in 2020. This "PANDEMIC" has led many countries to fall into a recession, increasing unemployment and weak public purchasing power has made governments in many countries dizzy.

There's a lot of limitations when the virus still living with us, and that makes our economy suffer and lots of people loss and losing their job.
It's bad year so far, though it has not ended yet but we have to prepare for a worst possible scenario that would happen overtime as long as there's no vaccine created yet. It's a new normal as they say, some will struggle, guess majority as majority of our people are just relying on their job and our government can't bail them out anymore due to lack or shortage of funds.

This is a worrying sign indeed.

Quote from: Chrystora123 on August 30, 2020, 03:50:13 PM

we all can only hope that this difficulty ends quickly..

Only if a vaccine is release.

Twentyonepaylots

sr. member

Activity: 1918

Merit: 370

Quote from: MFahad on August 30, 2020, 03:12:40 PM

Quote from: adzino on August 26, 2020, 03:11:44 PM

This was bound to happen. There is nothing we could do. You would be surprised how the different companies had to close down their outlets at different places due to the pandemic crisis. Recently more than 250 pizza hut outlets were shutdown and most of the people working over there lost their jobs! Looks like the restaurants has been hit the hardest due to the pandemic. We still had to see this even after most governors tried to put economy before lives.

This is due to the covid-19. Many companies have stopped their operations and fired their employees.

You mean paused and get stand by? lmao. I've seen some small businesses closing due to the pandemic but this will not create a massive impact to ones economy. What needs to be reopen now is the huge companies who pays a lot of taxes to cover the expenses during these times.

Quote from: MFahad on August 30, 2020, 03:12:40 PM

I think its also an opportunity for the skilled workers to find some online work and try to have their own business setup rather than dependent on others.

Online job and remote works are on demand right now, this is the most effective alternative that we can rely on. But to be honest, starting a business today is great but just make sure that your product or service is appropriate.

Chrystora123

full member

Activity: 1414

Merit: 228

Omicron is another FUD

This phenomenon does not only occur in the US but in almost all over the world, especially countries that have large populations, a democracy, and industrialized countries.. a major newspaper in my country alone has reported shocking data which says that more than 2 million new unemployed created in 2020. This "PANDEMIC" has led many countries to fall into a recession, increasing unemployment and weak public purchasing power has made governments in many countries dizzy. we all can only hope that this difficulty ends quickly..

MFahad

hero member

Activity: 2506

Merit: 645

Eloncoin.org - Mars, here we come!

Quote from: adzino on August 26, 2020, 03:11:44 PM

This was bound to happen. There is nothing we could do. You would be surprised how the different companies had to close down their outlets at different places due to the pandemic crisis. Recently more than 250 pizza hut outlets were shutdown and most of the people working over there lost their jobs! Looks like the restaurants has been hit the hardest due to the pandemic. We still had to see this even after most governors tried to put economy before lives.

This is due to the covid-19. Many companies have stopped their operations and fired their employees. I think its also an opportunity for the skilled workers to find some online work and try to have their own business setup rather than dependent on others.

pathapoddo

full member

Activity: 448

Merit: 100

CRYPTOCITIZEN $CCASH

The Covid-19 pandemic effected in almost every country of the world. USA is not outside of world, so it effected USA also. It is a very bad sign that many people have been unemployed for this. And now it's more than 1 million. That's too much for a country like USA. But as the president is Trump you can't expect anything worse than this. As he is so strict in rules and regulations many companies from outside of America is leaving the country. For that also many people loosing their job.

naikturun

sr. member

Activity: 1190

Merit: 267

Undeads.com - P2E Runner Game

believe me other countries also experience the same thing, but the situation in my country is now a little better, I am sure Trump can overcome this.
I am not American but I believe he can handle this.
it's just that the pandemic problem is making the economic situation in America worse.

rodskee

full member

Activity: 2520

Merit: 204

Quote from: imstillthebest on August 27, 2020, 06:17:15 AM

Quote from: Salauddin1994 on August 27, 2020, 05:05:11 AM

The number of unemployed is increasing in different countries of the world except the United States. As the economy stagnates many companies are retiring because they cannot pay the minimum wage and unemployment is rising. the country is at a very poor level. many people can eliminate their unemployment by working in crypto. It will not go down with the country's economy rather investing in crypto will help improve the country’s economy.

u.s has no exception to this because if you read the title the unemployment rate is over 1 million .

Well 1 million is not that Big for US unemployment because even before Pandemic they already facing this meaning that only added volume
added from the dispatch of the effect of this pandemic to the
US and the world.

Look how many people Live in US?while comparing to other country that has loss jobs this Covid 19 attack.

Quote from: imstillthebest on August 27, 2020, 06:17:15 AM

that number is alot , youd be mistaken u.s that has a better economy because they are known with that , but that was before . the situation changed alot now . your suggestion of getting involved in crypto can be a solution to the increasing unemployment rates .

US economy is continue falling since trump is very strict in regulation thats why many companies are leaving US and
turning to China because of low labor cost and regulation issues
And the "War trade" Trump pushing against China makes them more lowering these past years.

Hoping that Our world will be healed sooner as the Cure for this Virus is soon to be released and tested,If this comes to success then relief will
come and living will start not for New Normal but totally Normal now.

Kong Hey Pakboy

member

Activity: 1120

Merit: 68

Quote from: iyamoxjhian on August 28, 2020, 06:47:51 AM

it was really hard to recover because of the effect of pandemic..Not only the recessions in the United States but it will also affects the recessions in the third world countries..Most of the investor that we have in our country came from other countries like the United States.. most of the companies that they operates here were affected too..it was reported over the news that people loss their job and now suffering on how to survive their daily needs..ofcourse , Governments can not support all of their needs.. since they were part of recessions, no other source of income especially to unskilled people..this will take longer time for us to recover and bring back the companies to operate again.

A lot of regular workers have suffered this Coronavirus crisis. It is the reason why online shops or online stores have increased their numbers, so they could support all of their necessities and pay their bills. But the government still demands to put tax it, whether it is a small or big business because of the recession and for them to have funds to support the needs of hospitals.

iyamoxjhian

member

Activity: 356

Merit: 10

it was really hard to recover because of the effect of pandemic..Not only the recessions in the United States but it will also affects the recessions in the third world countries..Most of the investor that we have in our country came from other countries like the United States.. most of the companies that they operates here were affected too..it was reported over the news that people loss their job and now suffering on how to survive their daily needs..ofcourse , Governments can not support all of their needs.. since they were part of recessions, no other source of income especially to unskilled people..this will take longer time for us to recover and bring back the companies to operate again.

wxxyrqa

full member

Activity: 1372

Merit: 133

Quote from: Reatim on August 27, 2020, 07:53:15 AM

Quote from: cryptoboss2020 on August 26, 2020, 05:28:53 PM

its called socialdemocratic nation and usa is way to scandinavian economic model kamala harris is main socialist pusher

Man you are far from reality,World will suffer still from the effect of this Pandemic for another year of our life.

It seems to me that the problem due to the virus will exist for at least a year, or maybe more, since the virus will not go away if people ignore quarantine. But rebuilding the economy and providing an opportunity to increase the number of jobs is even more difficult. In addition, the United States has a lot more problems because of the uprising and riot of black people, which are very often provoked by the actions of the police. In any case, the situation in the US is complicated by the pandemic, but there is also some fault of the Trump government. Perhaps after the elections, the situation will change dramatically, since the state machine should work in a completely different way.

Reatim

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

Quote from: cryptoboss2020 on August 26, 2020, 05:28:53 PM

i think its not a problem i see usa will recover easy.

Sure?Do you know how Bad US economy now?and even in the past year before this pandemic rattle the world?
So how come that this is just an easy as that to recover for US?

Quote from: cryptoboss2020 on August 26, 2020, 05:28:53 PM

there is enough people who work and produce goods and services that many people dont need to got to work never the people who all ready working can make enough production to support others who dont work.

You really don't understand what you are saying,Producing Goods and service without Going to Work?how can that be?the demand for service and goods depend on the demand but who will ask for that if they don't have work to pay for?

Quote from: cryptoboss2020 on August 26, 2020, 05:28:53 PM

its called socialdemocratic nation and usa is way to scandinavian economic model kamala harris is main socialist pusher

Man you are far from reality,World will suffer still from the effect of this Pandemic for another year of our life.

imstillthebest

full member

Activity: 1638

Merit: 122

Quote from: Salauddin1994 on August 27, 2020, 05:05:11 AM

The number of unemployed is increasing in different countries of the world except the United States. As the economy stagnates many companies are retiring because they cannot pay the minimum wage and unemployment is rising. the country is at a very poor level. many people can eliminate their unemployment by working in crypto. It will not go down with the country's economy rather investing in crypto will help improve the country’s economy.

u.s has no exception to this because if you read the title the unemployment rate is over 1 million .

that number is alot , youd be mistaken u.s that has a better economy because they are known with that , but that was before . the situation changed alot now . your suggestion of getting involved in crypto can be a solution to the increasing unemployment rates .

palle11

sr. member

Activity: 2366

Merit: 332

Quote from: teosanru on August 23, 2020, 03:06:57 AM

But truth is that this was bound to happen. No corporation would pay you if they are not getting any profits. No government can do anything about it.

This is it , true. The US is not the only government that is into this issue. It is not a state that does miracle. Many other countries are facing this kind of problem except China that is quickly recovery in the economy. US is really supporting the citizen with some aid as Trump recently signed up $400 as weekly palliative for the people and that's a good one.

Salauddin1994

member

Activity: 868

Merit: 15

The number of unemployed is increasing in different countries of the world except the United States. As the economy stagnates many companies are retiring because they cannot pay the minimum wage and unemployment is rising. the country is at a very poor level. many people can eliminate their unemployment by working in crypto. It will not go down with the country's economy rather investing in crypto will help improve the country’s economy.

raidarksword

member

Activity: 2044

Merit: 16

It's a worrying indeed hence with many people out of jobs in the US, it means business and companies are shutting down due to the pandemic we are experiencing right now. Not on US alone but some countries as well are having a hard time dealing with unemployment, in fact our country as well is badly affected that many companies forced to shutdown and layoff employees due to pandemic that really made the main factor all of these problem.

Topic: The number of jobless people has crossed one million in US - worrying sign? - page 2. (Read 669 times)