As Wolf Richter has pointed out, when you look at the unadjusted numbers and you include all state and federal programs, the number of continuing unemployment claims increased by a whopping 1.3 million last week…The total number of people who continued to claim unemployment insurance under all state and federal unemployment programs jumped by 1.3 million from … Continue reading The Economic Depression Of 2020 Is Becoming An Endless Nightmare For Millions Of Americans
unemployment
More than 1.5 million file new jobless claims in first week of June | TheHill
More than 1.5 million Americans filed new claims for unemployment benefits during the first week of June, according to Labor Department data released Thursday. More than 40 million Americans have filed new claims for unemployment benefits since March, and the economy had lost more than 21 million jobs before May's reversal Even so, nearly 300,000 Americans … Continue reading More than 1.5 million file new jobless claims in first week of June | TheHill
America Convulses in Pain, Fed Bails Out the Wealthy – YouTube
VIDEO: https://youtu.be/9xXSX5Yl0NIWhat's so insidious about the Fed's bailouts of investors in hedge funds, stocks, bonds, leveraged loans, and other often risky assets in a crisis? The destruction of capitalism.America Convulses in Pain, Fed Bails Out the Wealthy - YouTube
America’s Moment of Reckoning | Spiritual Literacy | Spirituality and Practice
On Democracy Now! West set the protests in the context of a democratic nation unable to reform itself or come to terms with African-American poverty, unemployment, and lack of decent housing and health care. Recalling the legacies of Dr. Martin Luther King, Jr., and Malcolm X, he urged people to make a connection between justice and compassion … Continue reading America’s Moment of Reckoning | Spiritual Literacy | Spirituality and Practice
How The US Got Out Of The Great Depression; Civilian Conservation Corps Video
VIDEO: https://vimeo.com/150192017In March 1933, within weeks of his inauguration, President Franklin Roosevelt sent legislation to Congress aimed at profiting relief for the one out of every four American workers who were unemployed. He proposed a Civilian Conservation Corps (CCC) to provide jobs in natural resource conservation. Over the next decade, the CCC put more than … Continue reading How The US Got Out Of The Great Depression; Civilian Conservation Corps Video
Martin Luther King, Jr., and the Memphis Sanitation Workers | Mining Awareness +
The name of Martin Luther King, Jr., is intertwined with the history of the civil rights movement of the 1950s and 1960s in the United States. The Montgomery bus boycott, the freedom rides, the Birmingham campaign, the March on Washington, the Selma march, the Chicago campaign, and the Memphis boycott are some of the more … Continue reading Martin Luther King, Jr., and the Memphis Sanitation Workers | Mining Awareness +
Nobody Ever Imagined That The Job Losses Would Get This Bad So Quickly
If you tried to warn people in late 2019 that about 40 million Americans would lose their jobs by the middle of 2020, nobody would have believed you. .... Even though I have been loudly warning that this sort of an economic crisis was coming, I never imagined that we would lose so many jobs … Continue reading Nobody Ever Imagined That The Job Losses Would Get This Bad So Quickly
There are 5,000 Janitors in the U.S. with PhDs
Over 317,000 waiters and waitresses have college degrees (over 8,000 of them have doctoral or professional degrees), along with over 80,000 bartenders, and over 18,000 parking lot attendants. All told, some 17,000,000 Americans with college degrees are doing jobs that the BLS says require less than the skill levels associated with a bachelor’s degree. via … Continue reading There are 5,000 Janitors in the U.S. with PhDs
The REAL Unemployment Rate, Compared To Myth Portrayed On Mass Media
Would it surprise you to find out that the unemployment rate in the USA is very different from what is reported by the mass media? Did you know that the government agency responsible for collecting unemployment information actually publishes a number of statistics around unemployment? There is not just one number, there are at least … Continue reading The REAL Unemployment Rate, Compared To Myth Portrayed On Mass Media
Punk Economics: Banking Scam In Greece, Italy, Germany,
This series of two videos explains the European debt crisis via a series of entertaining cartoon drawings and pretty simple, easy to follow explanations. It is funny, entertaining and simple to understand. I encourage everyone to watch, and learn about economics, even if you never took an Economics class in college. Although somewhat simplified, it … Continue reading Punk Economics: Banking Scam In Greece, Italy, Germany,
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