Now that the economy has thoroughly collapsed, more waves of unrest are inevitable
Tag: Jobs
The U.S. isn’t just becoming more like a Third World country-it’s worse than that
The U.S. Economy Is Down By 50% – Where Are the Job Programs It Needs?
Official pandemic jobless claims pass 40 million
The Great Decoupling
Now, Trump administration officials talk of rolling out a concept called the “Economic Prosperity Network” of like-minded countries, organizations, and businesses. The aim is in part to convince U.S. firms to extricate themselves from China and instead partner with members of the so-called network to reduce U.S. economic dependence on Beijing—seen as a key national security vulnerability. If a U.S. manufacturing company can’t move jobs from China back to the United States, for example, it could at least move those jobs to another more U.S.-friendly country, such as Vietnam or India.
The Great Decoupling
So when the relationships go bad with India, or Vietnam, we’ll have the same problems?!
This is how fast Americans are spending their stimulus checks — and here’s a breakdown of what they’re buying
“Instead, it seems that individuals are catching up with rent and bill payments as well as engaging in spending on food, personal care, and nondurables.”
This is how fast Americans are spending their stimulus checks — and here’s a breakdown of what they’re buying
“Instead, it seems that individuals are catching up with rent and bill payments as well as engaging in spending on food, personal care, and nondurables.”
MAJOR: 27 Million MORE Americans Now Without Health Insurance Due to Lock-down Job loss
Homeless tents in San Francisco’s Tenderloin District increase by 300% during coronavirus outbreak leaving streets ‘unsanitary, unsafe, and often impassable,’ says lawsuit
Dow jumps 300 points higher, shaking off report that shows the worst U.S. unemployment rate since the Great Depression
What’s driving the market?
The monthly report on the employment situation in the U.S. showed that 20.5 million jobs were eliminated last month, and the unemployment rate rocketed 14.7% from a 50-year low of only 3.5% two months ago and 4.4% last month. However, the headline number was less worse than some estimates for 22 million unemployed.
Meanwhile:
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