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re: US jobless claims rise up to 719k, up 61,000 last week

Posted on 4/1/21 at 9:32 am to
Posted by 3nOut
Central Texas, TX
Member since Jan 2013
28898 posts
Posted on 4/1/21 at 9:32 am to
quote:

I've heard of people quitting their jobs to get the $300 per week fed unemployment. I thought if you quit you weren't eligible?



we went out to eat at BJs recently and were told that there was a 30 minute wait. i could see clearly that they were at maybe 30% capacity. i asked if they hadn't opened to full capacity and she said "we're 100%. we just don't have the staff to keep up."

purely anecdotal but i've heard more than a few places have lost some of their workforce when the stimulus hit.
Posted by dgnx6
Baton Rouge
Member since Feb 2006
68636 posts
Posted on 4/1/21 at 9:50 am to
And flooding our country with more jobless people.

Posted by dgnx6
Baton Rouge
Member since Feb 2006
68636 posts
Posted on 4/1/21 at 9:52 am to
quote:

So either the week before, or this week were probably just a skewed data point. Overall it's still trending in the right direction.


eta: not a biden supporter at all, but one data point does not make a trend, especially when the week before was WAY down from two weeks ago.



What happened two weeks ago? Stimmys. This is where we are at in this country. People really want to just sit around and wait on the gubment.
Posted by WWII Collector
Member since Oct 2018
6999 posts
Posted on 4/1/21 at 9:53 am to
quote:

I've heard of people quitting their jobs to get the $300 per week fed unemployment


That's a lot of it... With Unemployment and Stimulus checks coming in, people are quitting because they don't want to work.
Posted by LouisianaLady
Member since Mar 2009
81208 posts
Posted on 4/1/21 at 9:56 am to
quote:

e went out to eat at BJs recently and were told that there was a 30 minute wait. i could see clearly that they were at maybe 30% capacity. i asked if they hadn't opened to full capacity and she said "we're 100%. we just don't have the staff to keep up."

purely anecdotal but i've heard more than a few places have lost some of their workforce when the stimulus hit.



Nearly every restaurant and bar in BR is advertising hiring all positions right now.

TJ Ribs, Merchant, Ivars, etc.
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
11811 posts
Posted on 4/1/21 at 9:56 am to
quote:

This is before Biden’s massive tax hikes on corporations too


Every business knows taxes are coming and with a vengeance. They are holding on to capitol and holding off on hiring or preemptively letting the weak ones go.

Posted by dgnx6
Baton Rouge
Member since Feb 2006
68636 posts
Posted on 4/1/21 at 9:59 am to
Even the Popeyes near me has starting at $11/hr sign.

This is what happened during Obama. Lowest participation in the work force. People literally thought because Obama was pres, he'd take care of them and make sure the government cheese kept rolling in.

Lines of able bodied men waiting for their checks.
This post was edited on 4/1/21 at 10:00 am
Posted by Signal Soldier
30.411994,-91.183929
Member since Dec 2010
8183 posts
Posted on 4/1/21 at 10:29 am to
Thanks O'Biden
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51283 posts
Posted on 4/1/21 at 10:32 am to
Service industry is having a tough time hiring back. Unemployment is turning out to be lucrative for these workers.

Teenagers could be looking at the best summer labor market in a long time if they wanted to work.
This post was edited on 4/1/21 at 10:34 am
Posted by Vote4MikeAck504
Go Cocks!
Member since Mar 2019
3098 posts
Posted on 4/1/21 at 11:09 am to
You could have just skipped over this topic and thread.
Posted by Vote4MikeAck504
Go Cocks!
Member since Mar 2019
3098 posts
Posted on 4/1/21 at 11:09 am to
If you quit because you were worried about COVID, you're covered.
Posted by VOLhalla
Knoxville
Member since Feb 2011
4421 posts
Posted on 4/1/21 at 11:27 am to
quote:

Still, the four-week average of claims, which smooths out week-to-week gyrations, fell by 10,500 to 719,000 — the fewest since mid-March 2020, just before the pandemic began to cause widespread layoffs.


You didn’t even make it to the third paragraph
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