re: 6.6m new jobless claims last week

quote:

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Now employers know what they can do to get fed help and that their employees will be taken care of by the government. This shouldn’t be surprising.

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Yeah, nothing is going back to normal until 5/1 at the earliest. There is no reason for companies to pay people until that point. With the changes to UI, I am not sure if these numbers are really that bad. A lot of these people will be making more

ETA The numbers next week should match this weeks increase at a minimum. 4/1 was a huge day for furloughs.