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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsState data indicates we're headed for another record unemployment week - doubling/tripling last week
If trump had acted earlier, could some of this hardship have been lessened?-------------------------------------------------------------
State data indicates were headed for another record unemployment week
From Pennsylvania to Oklahoma, things are getting worse
By Matthew Yglesias@mattyglesiasmatt@vox.com Mar 29, 2020, 9:28am EDT
https://www.vox.com/2020/3/29/21198580/unemployment-insurance-claims-record
Last Thursday, the US Department of Labor reported a record-shattering surge in unemployment insurance claims for the week ending on March 21 as coronavirus concerns caused the economy to move into shutdown mode at a totally unprecedented pace. And while nobody knows for sure what next weeks reports may show, fragmentary evidence available from state level unemployment offices shows little sign that the situation is improving.
Instead of a one-off spurt, last weeks eye-popping initial claims number could be just the leading edge of a larger tsunami that will continue to press forward for several weeks.
Many states are reporting no letdown in claims
The state of Pennsylvania is unusual in producing timely, publicly available, day-by-day statistics on unemployment claims. They show clearly that next weeks data, for Pennsylvania at least, is on track to break last weeks record.
The Pennsylvania data shows the current weeks claims running slightly lower than last weeks claims, but thats because it only has six days worth of claim data for the current week. Its pretty clear that when Saturdays numbers are added theyll smash through last weeks record.
Some other states had even bleaker news, albeit in more anecdotal form. Robin Roberson, the executive director of the Oklahoma Employment Service Commission, predicted to local television reporter Emily Collins that our record here in the state was set back in 1991 with over 9,000 initial claims in one week; of course last week we almost doubled that ... we will double last weeks again this week. Colorado officials told Aldo Svaldi of The Denver Post to expect claims to triple in the week that ends on March 28 compared to the March 21 week. New Mexico reported 17,187 initial claims in the week that ended on March 21, and is now already at 32,000 initial claims based on the first four days of last week.
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State data indicates we're headed for another record unemployment week - doubling/tripling last week (Original Post)
Demovictory9
Mar 2020
OP
SWBTATTReg
(22,112 posts)1. This is expected, and not a surprise.
gibraltar72
(7,503 posts)2. Isn't that classified information?
Demovictory9
(32,449 posts)3. Trump asked that states keep it secret. he cant force it.
gibraltar72
(7,503 posts)4. No of course not
That was tongue in cheek. Only a maroon would think that could be kept secret. They will try to massage it, but we are in a tailspin.
Demovictory9
(32,449 posts)5. oh
Wellstone ruled
(34,661 posts)6. What is happening in real time is,
because of filing on line claims,the States Computer Systems can not handle the massive incoming Unemployment Claims. Their systems are crashing because of outdated low bidder technology.
Mnunchin's 30% is right down the road and barreling towards us.
uponit7771
(90,335 posts)7. YES !!! Trump's downplaying killed people !!