2nd Great Depression: One week away from getting to the highest unemployment rate ever in America

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Yup go work at Walmart and be living in your car in the parking lot :mjlol:
This shyt is so crazy

I been asking for a minute arenppl ever going to wake up and then this happens

Spooky times

If I get my CCNA and then cant get a job I'll be pissed
 
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Originalman

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Things are way different these days than back then. Numbers don't tell the whole story. Society has changed and employment isn't the same. Jobs and cost of living were way different.

Yeah check this out back in the great depression they didn't have unemployment like we have now. Also they didn't have the FDIC at banks so when the market crashed people lost all their money. Think what would have happened in the streets if when the economy crashed in march everyones bank account went to zero....plus not having unemployment insurance.

Naw we got it way easier than our grandparents or great grandparents who had to go through the great depression.
 

Roland Coltrane

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This was a bubble waiting to burst. Decades of incompetent leadership. Gutted programs due to said leadership. Wages lagging woefully behind inflation. Zero financial literacy amongst most of the population. System being held together by low wage workers. COVID-19 was the perfect storm. Just look at the epic collapse of the greatest economy the world has ever known. Took just a few weeks to topple this goliath.
To be honest, the whole system is rotten and needs to be uprooted and rebuilt :yeshrug:I don't know how we do that, tho
breh i read somewhere the other day that Florida has processed just 4% of it's unemployment claims :gucci:

I live in Portland and filed a claim wayyyy back on March 20th and still ain't seen no loot. People are calling the phone number and getting nothing but a busy signal, and this is even with auto redialer apps :francis:

maybe, just maybe the system is functioning just the way they intended it to :hubie:

compare and contrast how fast people's UI claims are going through and being processed vs how quick people got those stimulus checks. There may be a bigger gambit at play here :patrice:
 

Piff Perkins

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Trump is delusional about the economy rebounding. It's over for the rest of the year. You don't go from 20% unemployment to a booming economy in a couple months. Small businesses' capital has been decimated. Restaurants, which employ a significant portion of the work force, are fukked. Things are BAD and will stay that way for awhile.

The longer Trump is in office the worse this will be. People have to understand that by now.
 

Piff Perkins

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breh i read somewhere the other day that Florida has processed just 4% of it's unemployment claims :gucci:

I live in Portland and filed a claim wayyyy back on March 20th and still ain't seen no loot. People are calling the phone number and getting nothing but a busy signal, and this is even with auto redialer apps :francis:

maybe, just maybe the system is functioning just the way they intended it to :hubie:

compare and contrast how fast people's UI claims are going through and being processed vs how quick people got those stimulus checks. There may be a bigger gambit at play here :patrice:
Politico had an article last week saying Florida's unemployment claims have been designed to reject people in order to inflate job numbers. It was largely done to prevent low income (and often black or brown) workers from getting money. Now that unemployment has spiked the claims aren't being processed and people are mad. It was designed to fail basically. They simply didn't imagine something like this happening.

Time for people to take a hard look at their leaders and what is being done. Florida is killing itself right now. Will the governor pay? Who knows.
 

mykey

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Yeah check this out back in the great depression they didn't have unemployment like we have now. Also they didn't have the FDIC at banks so when the market crashed people lost all their money. Think what would have happened in the streets if when the economy crashed in march everyones bank account went to zero....plus not having unemployment insurance.

Naw we got it way easier than our grandparents or great grandparents who had to go through the great depression.
They had soup kitchens though.

"World's highest standard of living"
:francis:

images
 

TLR Is Mental Poison

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There is a difference though between The Great Depression and now: people don’t want to work.


At least here in San Diego, every store I go to is hiring. Target, Wal Mart, Supermarket, gas stations, there is opportunity to work.


Also, of those jobless, some are creating income without a specific company (Lyft/Uber, doordash, shypt, grub hub) etc.


I’m not saying it’s not bad, because I understand a middle manager not wanting to go be a stock boy, but it’s different :yeshrug:
Stop with this self righteous horse shyt

You act like people didn't deserve higher paying jobs, or like there are even enough of these low end jobs to make up for the jobs lost. Target/Walmart etc don't have 22 million job openings dumbass.
 

Roland Coltrane

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Politico had an article last week saying Florida's unemployment claims have been designed to reject people in order to inflate job numbers. It was largely done to prevent low income (and often black or brown) workers from getting money. Now that unemployment has spiked the claims aren't being processed and people are mad. It was designed to fail basically. They simply didn't imagine something like this happening.

Time for people to take a hard look at their leaders and what is being done. Florida is killing itself right now. Will the governor pay? Who knows.
Oregon's is a shytshow too along with many other states, I'm guessing the majority of them in fact :francis:
 

Rarely-Wrong Liggins

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I've been railing against this system for some time but even I'm :picard: at how quickly it collapsed. It was only a few months ago that people were celebrating this economic system around here, but of course now that the same system is ready to throw their ass in the fire well THAT IS TOO FAR.

I guess they haven't been paying attention. The reason why the virus has us on the ropes is because......capitalism. But fret not Coli Capitalists Coalition, the system WILL ALWAYS survive, you just might have to die first.
 

Rarely-Wrong Liggins

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Sounds like a classic straw man argument. The economy can't come back with a pandemic raging. Our economy is based on consumption, NOT on businesses being open. You can open all the businesses...spending with be down significantly because people don't want to get sick.

Anyone going to a restaurant next week if your governor says it's ok? Dental office? How many people will go back to the gym? Spending won't go back to normal as long as people are getting sick and testing capability is low due to this trash president.

*Looks around*

Yes, yes they will. Don't get people not wanting to resume commuting to the office with people will be scared to do non work related things.
 
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