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Demovictory9

(32,475 posts) Wed May 13, 2020, 11:45 PM May 2020

expected tomorrow.. another 2.5M in jobless claims to add to the prior 33M

https://finance.yahoo.com/news/coronavirus-covid-weekly-initial-jobless-claims-may-9-155532542.html

The COVID-19 pandemic’s continued impact on the labor market will be highlighted Thursday morning when the U.S. Labor Department releases its weekly initial jobless claims report.

Economists predict that another 2.5 million Americans filed for unemployment benefits in the week ending May 9, following 3.17 million jobless claims in the prior week. Over the past seven weeks, more than 33 million Americans have filed unemployment insurance claims.

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expected tomorrow.. another 2.5M in jobless claims to add to the prior 33M (Original Post) Demovictory9 May 2020 OP

The next thing we'll hear is "States run out of $$ ti oay unemployment clains." n/t napi21 May 2020 #1

I read that most states SCantiGOP May 2020 #2

Most used it for other things. Wellstone ruled May 2020 #3

napi21

(45,806 posts)

1. The next thing we'll hear is "States run out of $$ ti oay unemployment clains." n/t

Reply to Demovictory9 (Original post)

Wed May 13, 2020, 11:57 PM

May 2020

SCantiGOP

(13,873 posts)

2. I read that most states

Reply to napi21 (Reply #1)

Thu May 14, 2020, 12:03 AM

May 2020

Had large and sometimes record surpluses in their UI accounts because of the last few years.
But that is going fast, and some states are about insolvent.

Wellstone ruled

(34,661 posts)

3. Most used it for other things.

Reply to SCantiGOP (Reply #2)

Thu May 14, 2020, 12:12 AM

May 2020

Tax breaks for Business in lieu of campaign contributions.

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