ST Alpha - "So, 10 million new claims over the past two weeks, and more to come?" (Reading a Post)

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In response to "Unemployment: U.S. weekly jobless claims surge to more than 6.6 million, vs. 3.1 million expected. -- (link*)" by budice

So, 10 million new claims over the past two weeks, and more to come?

Posted by znufrii Apr 2 '20, 05:49

If my math works out, that’s about a 10% unemployment rate as it stands. I don’t expect most of it be reflected in tomorrow’s employment report though, depending on when the survey weeks were.

Responses:

this chart is something -- (link) - decline Apr 2, 06:45 2
- Trump: The "ump" is for UneMPloyment! -- nm - JaxSean Apr 2, 07:11
- yeah, that's wow. -- nm - znufrii Apr 2, 06:46
Winning! -- nm - loosilu Apr 2, 05:59
$1200 will make it all better...... -- nm - ty97 Apr 2, 05:57 2
- (And $600/wk extra UI) -- (edited) - znufrii Apr 2, 05:58 1
  - That's great if we can actually file our claims! - Krusty Apr 2, 06:03
Treasury should just drop money from helicopters -- nm - budice Apr 2, 05:51 3
- Fun AND socially distant distribution! -- nm - Cuzzin Todd Apr 2, 05:54 2
  - As God is my witness, I thought money could fly. -- nm - B-A-ron Apr 2, 06:21 1
    - you have to unwrap those rolls of quarters, sir -- nm - zeitgeist Apr 2, 10:53

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So, 10 million new claims over the past two weeks, and more to come?

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