ST Alpha - "+2.4 million new unemployment claims filed last week. About a quarter of the labor force has now lost their job since this started. -- nm*" (Reading a Post)

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+2.4 million new unemployment claims filed last week. About a quarter of the labor force has now lost their job since this started. -- nm*

Posted by znufrii, silly old man (aka znufrii) May 21 '20, 06:08

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Responses:

Is this a net number? Like does it subtract those who have gone back to work or no? -- nm - ty97 May 21, 06:19 9
- That's just counting new claims as of last week. Continuing claims for the week ending May 9th were at 25 million. -- (link*) - znufrii, silly old man May 21, 06:22 1
  - and that's not counting claims for Pandemic Unemployment assistance by workers not eligible for unemployment, which is as many as another 9 million - znufrii, silly old man May 21, 06:49
- Theres a Continuing Claims number of 25.1M -- (link*) - budice May 21, 06:22 6
  - n/m, got my programs confused -- nm* - znufrii, silly old man May 21, 06:31 5
    - I’m surprised they didn’t add “but doubts persist” or “but fear abounds” -- nm - JackDawson May 21, 06:49
    - Misleading NYTimes headlines for the win -- nm - JackDawson May 21, 06:48 3
      - which one? -- nm - znufrii, silly old man May 21, 07:11 2
        
        Reporting totals as opposed to current -- nm - JackDawson May 21, 07:19 1
        
        Gotcha -- (edited) - znufrii, silly old man May 21, 07:25
The 6M week number has made 2M seem normal for some. But that's still 10x normal on a weekly basis -- nm* - budice May 21, 06:09

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