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Topic: The number of jobless people has crossed one million in US - worrying sign? - page 3. (Read 669 times)

hero member
Activity: 1218
Merit: 557
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.

Across globe such smaller or medium sized companies are badly effected as they do not have much cash to burn and since production for  few months have stooped, demand has reduced drastically, so they cannot sustain to give the money to their staff etc are impacting them a lot. This is not a good sign and still we do not have any sign of vaccine yet and this means it would further have its implications in the world.
full member
Activity: 1484
Merit: 136
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Due to this pandemic outbreak, many people are scared to go outside because they don't want to risk their lives just to earn money like you will choose money over life. Also, some of the business managers or the company owners don't want to operate right now because they are afraid about things could possibly happen what if there is an infected on their employees just for safety purposes too.

It is not surprising to see America having a high number of unemployed people, because the number of the spread of COVID19
in America is still the highest. So surely some companies there have reduced their employees or even some companies have gone
bankrupt due to COVID19. But I think American peoples should not panic, because the American government will definitely do
something to solve the problem this high number of unemployed. My advice is that while waiting for government assistance or
policy, American citizens should find a source income from the internet. Cryptocurrency investment or trading can be a good
alternative as a source of income.

Your suggestion is good but there is one thing problem due to a number of people in America there is a lack of services too they cannot give all of those family for assistance also they need to release a large number of funds and this is one of the problems right now due to slow economy some of the business can't operate the money does not calculate so they need to loan to other countries.


sr. member
Activity: 2520
Merit: 280
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It is not surprising to see America having a high number of unemployed people, because the number of the spread of COVID19
in America is still the highest. So surely some companies there have reduced their employees or even some companies have gone
bankrupt due to COVID19. But I think American peoples should not panic, because the American government will definitely do
something to solve the problem this high number of unemployed. My advice is that while waiting for government assistance or
policy, American citizens should find a source income from the internet. Cryptocurrency investment or trading can be a good
alternative as a source of income.
Government gave stimulus for the people but they didn't helped much people to get the employment opportunities and it is not possible as well.Instead of waiting start your business even if it is small try to make something out of your skills.Investing on cryptos and trading is good for someone with savings but it is not a choice of survival.
sr. member
Activity: 1876
Merit: 318
It is not surprising to see America having a high number of unemployed people, because the number of the spread of COVID19
in America is still the highest. So surely some companies there have reduced their employees or even some companies have gone
bankrupt due to COVID19. But I think American peoples should not panic, because the American government will definitely do
something to solve the problem this high number of unemployed. My advice is that while waiting for government assistance or
policy, American citizens should find a source income from the internet. Cryptocurrency investment or trading can be a good
alternative as a source of income.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
I don't think it is a sign for us to worry. The US government surely knows what to do to solve the puzzle. We have been through many recessions before and people always have a way to make everything easy. When we look at every aspect, we can see that the US stock has been increased significantly for many days. Moreover, most of the top 10 US companies receive a lot of attention, which makes owners become even richer. I believe that they will be the ones who make the US economy stronger.

The vaccines are being created at the moment and governments have made orders for thousands of doses. There is no need to worry
sr. member
Activity: 2436
Merit: 455
Many countries been affected by the pandemic but it doesn't mean that we will blame the  government about the situation, no one forsee it coming but we need to determine whether the government is truly doing ways to find effective solution to control the virus while maintaining the economy. What we can do is to follow and help now then just decide next election.

Unemployment may increase but sometimes it can be for their safety, some of those unemployed now might be in airlines company or services that needs too much crowd. There is a need to weigh between safety of the employees or money. The lesson here is every individual should be prepare next time to have emergency funds or other sources of income. In my country now many unemployed find ways to do small business based in their skills.


We shouldn't blame the government for the things they have NO CONTROL of. But we should held them accountable for the things they could have made a better and proper actions.

For me, it's already alarming since that's a lot of people that don't have a work by now. Some of them might only be depending on the job they had and has no back up. Leading to households having no enough food on their tables and not able to pay the bills.

The need for a better governance and leadership is very much needed during this crisis since majority of the workers had gone jobless because of the pandemic's impact of different sectors and industries. The government should provide alternative jobs for its people so that the vulnerable population won't fall into poverty.

Of course, determination and will-power to thrive and make a living plays also an important role. Those who are affected must be able to adapt and find another source of income not only relying and depending to the government alone. However, this is not applicable to everyone since we don't always have the same resources and backgrounds.
member
Activity: 322
Merit: 14
i think its not a problem i see usa will recover easy.


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.


its called socialdemocratic nation  and usa is way to scandinavian economic model  kamala harris is main socialist pusher
copper member
Activity: 2968
Merit: 575
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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.
full member
Activity: 175
Merit: 100
is hard to solve jobless people's problems, if not started by themself.
even a good president only can solve this problem only in a short time.
the only solution for this problem is They Need to Develop Their own Quality
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
People who keep saying that "well what did you expect, there was pandemic, the whole world was affected" are using covid to throw cloud over whats going on with the white house and what Trump is doing. Dude has managed to transfigure the whole USPS system from top to bottom all in a week because he wanted to, he wanted to prevent people to vote via mail so he put one of his cronnies at the top of USPS and in a week they managed to cripple the whole system, there are people who are dying because they are not getting their medication, you can literally test this by ordering one medicine and ask of it to be brought to you with USPS, you can live this personally, it is not really a "hidden agenda" or anything , do it yourself and you will see! Yet they failed to respond to corona virus for MONTHS.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
This shows the suffering of the first world country. With this we can make a small calculation regarding the jobless suffering of the third world countries. In a country with a population of around 30 million, one million people without job is big.
What's worst than these numbers of jobless people in country is that they have family to feed, say around 3 to 5 people, it is more than the numbers that we've been seeing from the news, if we think deeply millions of jobless people equals to millions of miserable and suffering. Talking about first world, or 2nd, or third world does not matter at all, immense umber of people are experiencing difficulty even the wealthy ones.

I believe this will take years and years for the recovery of the economy, because being jobless is the main reason that causes a big drawback to any country's economy.
WHO said that the virus can be contained after 2 years, but it does not mean that the economy would need 2 years to recover, this is why some countries are opening up possibilities where to get money from taxes that they need to work on. At the end of the day, government will think of the future rather than what is present.
sr. member
Activity: 840
Merit: 250
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it's not just in US tho, in almost every country they fired the people because they can't pay the monthly charge to them because of the covid 19 and probably the number is higher than us if i am not mistaken. i am not really sure why everything is always focused in us where if you look up at anywhere else, they also suffered the same stuff.
full member
Activity: 1162
Merit: 168
The whole didn't really hurt equally. I mean there was some nations who are doing a lot worse and some of them are doing a lot better. Look at USA and look at Italy those are the best examples I love to give, USA got it a lot later than others, it grew up a lot slower and at the end of the day they didn't do anything at all and it got to a point that they have quarter of a million people dead because of it, the number is literally 10x of second world war loss, you realize how big that is?

Yet when you look at Italy, they had it first early on, they got screwed, they were so bad that the hospitals had people on the floors, it was the most disgusting and sad thing you could see, now they are back to normal because they were doing the right thing. So, the whole world is not equally good.
sr. member
Activity: 2030
Merit: 269


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



Obviously Democrats will always make him look bad in whatever he do and they have a reason to do that US has the highest CoVid infection and there's a high employment rate but unfortunately citizens they did not see it that way, same thing is happening in the Philippines the president is still has a high trust rating, Covid is very high in the region and oppositions keeps blaming the president, it's democracy but it's worrying for both countries.
hero member
Activity: 2856
Merit: 667
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 few months before it recovers?.



This is a serious indication that there is a real problem in the country, people are jobless means some industry are not profitable so they are closing the business. I think it will not only need months but probably years to recover as we never know yet when the pandemic will be over, so the damage continues and the longer we are in economic crisis, the longer time needed for the economy to recover.

I'm betting, USA will not be the leading country once the pandemic is over.
hero member
Activity: 1890
Merit: 831
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 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

Harsh Reality:

 US is a developed nation and therefore if the situation there is like that its even worse in other nations.

At the same time the real account is much worse , there are many more people without a job even in the US alone .

Its not just a warning sign but its even worse , we have been dealing with this since a lot of time but this time due to pandemic the situation is dire.

*Let us consider those small nations where people are dying of hunger and joblessness way before pandemic , the media is never focusing on those nations

*There are countries there have been cases of people not being able to afford even medical care , let alone support their families

*Hospitals and big businesses are taking unreasonable amount from the people causing them to turn to traditional medicines which might not only give fake hopes but also cause harm in some cases.

This is not a red sign
Its a sign that the whole government needs to be changed
The whole economy needs a reset

sr. member
Activity: 2828
Merit: 357
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If this is in US alone?then the world is really in bad shape now,though i believe that even before Pandemic US is experiencing higher unemployment added are those Homeless that significantly increasing?

Same thing happening in the whole world like In my country there are so many company that closing or laying off their employee because of this economic problem,Having another lockdown last week this affects the whole country.

It is not just in the US with a high number of jobless people, but the other countries will also have the same experience, especially in this pandemic. Many people lost their jobs because of lockdown happens in almost countries, so that has an impact on the countries, but after the new normal, people seem to find a new job, so they can still survive. We can now try to get our needs by doing many things to earn money, so we can help the government reduce those numbers.
Actually what OP is pointing is the Million Jobless now and this is the highest all over the world.

while all of us are affected but what we have to do is Move on and Help each other in small way,to make them stay standing until finding another way of living after this bad experience from Pandemic.
sr. member
Activity: 2366
Merit: 448
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The same is happening in the country I live in and I think in almost every country the unemployment rate has risen because of Covid-19
Yeah! This pandemic slowly killing us from hunger Undecided. Cutting large portion of manpower, job freeze hiring and business enclosures are the main dilemma we are facing right now despite what country you reside. Thus I feel sorry for your loss bro. However we should continue moving because we don't have any choice either. Good for us to have a sig campaign. At least we still have a source of income, isn't it?

Let us pray for the best, the vaccine is on its way. So endure a couple of months more.
Yes, I admit that during the pandemic this forum was my best solution to earn money or income during the pandemic which caused me to lose my job even if only temporarily without a definite time limit.
I am grateful to be able to participate in a signature campaign or something else because my needs can be met, and even though following a signature campaign is very tight and competitive it doesn't make me give up and keep trying until it is accepted because it really helps me.
full member
Activity: 1190
Merit: 117
This is a reality that we must face, all countries affected by COVID19 are sure to experience an increasing number of unemployed.
So this does not happen in America alone, even in my country not only unemployment has increased, there are several companies
that only pay employees 50% of the total salary. If a vaccine is not found immediately, it could get worse in the next year.
hero member
Activity: 881
Merit: 500
CyberTrade
Almost every country in the world suffers from the same problem that is unemployment and economic collapse. Many have lost their jobs due to the destructive effect of corona virus to us. The government is trying to do their best for their constituents, but maybe it's just too hard to fight this pandemic. Now that the anti-covid vaccine is about to launch, I hope it will go well and to restore the normal movement of the people in different countries.
The American government and the people always try to blame the immigrants for the job shortage and with Trump administration it have become difficult to get a job visa, if again there would be a Trump administration then I think the immigrant taking the jobs of US citizen would become very less. Also due to the lockdown many businesses were forced to get closed as they weren't to sell anything at all and this have made many families to loose their only source of income and hence rise in jobless people, homeless people and also rise in poverty as well.
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