3.3 MILLION FILED UNEMPLOYMENT (3/15-3/21) UPDATE: 6.9M FILED (3/22-3/28). U2: 6.6M FILED (3/29-4/4)

Professor Emeritus

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Brehs...stop going back and forth with @thekingsmen and @Henry BroadnaxThey're just two idiots out of hundreds of people on here so lets just let them talk to the wall. Far as we know they're Russian bots.
Yeah, at this point anyone who had a chance of taking their bullshyt seriously has already seen the rebuttals so I'll stop talking to the walls.
 

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demand will be low for many industries for a while so even if some businesses open back up they wont be anywhere near 100% capacity. businesses hire based on need. Its a ripple effect. More unemployed means less disposable income. retail stores will consolidate and close locations and turn more to online(This was already happening now will be accelerated), many restaurants will close for good(always have been thin margin business to begin with), Air travel wont return to its levels for a longtime, hotels and travel industry related companies , cruiselines, anywhere dependent on large groups of people will have decreased attendance(movie theaters, themeparks, sports and concert venues etc.).

companies will also ramp up automation to be less reliant on workers so they wont be shut down and impacted again by human labor loss so easy.
Unfortunately, those jobs will never be recovered. Automation is going to take over a lot of retail jobs. This American failure has decimated many industries
 

mamba

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demand will be low for many industries for a while so even if some businesses open back up they wont be anywhere near 100% capacity. businesses hire based on need. Its a ripple effect. More unemployed means less disposable income. retail stores will consolidate and close locations and turn more to online(This was already happening now will be accelerated), many restaurants will close for good(always have been thin margin business to begin with), Air travel wont return to its levels for a longtime, hotels and travel industry related companies , cruiselines, anywhere dependent on large groups of people will have decreased attendance(movie theaters, themeparks, sports and concert venues etc.).

companies will also ramp up automation to be less reliant on workers so they wont be shut down and impacted again by human labor loss so easy.

Good points. A lot of people will get used to cooking at home, too.

So, even when things are back to normal, restaurant industry is going to take a long time to recover.
 

Tommy Knocks

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Because we did this in 2008 and nothing happened, it is just media hype. McDonald's and Burger King will go on, Netflix is still running....
no. people were hurting big time, depends on the state, just cause you dont see it, dont mean it aint happening. bluecross laid off over 1,000 people, crucial for the west valley in LA.
 

mamba

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Unfortunately, those jobs will never be recovered. Automation is going to take over a lot of retail jobs. This American failure has decimated many industries

Amazon picked the perfect time to being selling its cashier-less store tech to other companies.
 

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:unimpressed:@G.O.A.T Squad Spokesman is an ASIAN poster l had on ignore for at least 4years, for talking greazy about black people.
 

Dzali OG

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If we were organized, this would be the perfect time to strike at this unbalanced, out of control, capitalism. Strike them through non participation.

With the current environment now is the time for even personnel considered essential workers to say, " fukk that we're not working anymore until Universal Basic Income is implemented and we negotiate salaries, wages, leave and work hours".

I bet the administration is already having conversations about such a movement emerging.
 

Thavoiceofthevoiceless

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Good points. A lot of people will get used to cooking at home, too.

So, even when things are back to normal, restaurant industry is going to take a long time to recover.

I’m really curious as to what will happen with the entertainment industry. A lot of those big venues cancel concerts and other events when they don’t reach a certain ticket threshold. Would they still do that even after the corona situation is over or do you go ahead and take on the concert anyways for the revenue?

I would figure that a smaller venue would have an easier time getting back to normal compared to bigger ones especially since a lot of people are going to have to eat the loss from cancelled/postponed concerts.
 

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Coronavirus Disease 2019 (COVID-19) in the U.S.
Updated March 25, 2020

This page will be updated regularly at noon Mondays through Fridays. Numbers close out at 4 p.m. the day before reporting.

COVID-19: U.S. at a Glance*
  • Total cases: 54,453
  • Total deaths: 737
  • Jurisdictions reporting cases: 54 (50 states, District of Columbia, Puerto Rico, Guam, and US Virgin Islands)

Preliminary In-Season 2019-2020 Flu Burden Estimates

CDC estimates* that, from October 1, 2019, through March 14, 2020, there have been

38,000,000 – 54,000,000
flu illnesses

17,000,000 – 25,000,000
flu medical visits

390,000 – 710,000
flu hospitalizations


23,000 – 59,000
flu deaths



STUPID FEARMONGERING AMERICANS, TRUMP, AND THE GOVERNMENT ARE ALL TO BLAME, AND HAVE THESE JOB LOSES ON THEIR HANDS.
I had a whole bunch of these coli-nikkas that are still on their mom's teat talk shyt to me because I said Trump and nem need to get people back to work. These virtue signaling bleeding heart types that were talking that lockdown shyt are the same ones that are gonna bytch and moan about poverty next week.

These dikkriding ass politicians need to govern with some sense instead of being influenced by the legions on shiftless losers that bytch and moan on twitter all day. If you can't swim then drown muthaphucka - don't take everybody else down with you.
 
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