Unemployment Claims Rise To A Seven-Week High Because Of Reinstated Lockdowns
submitted 3 years ago by NewsJunkie from (thedailyfodder.com)
[–]redditbegay 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago (0 children)
Does anyone know what the total cost would be to fund all those people claiming unemployment?
Initial claims for regular state unemployment insurance totaled 898,000 for the week ending October 10, up 53,000 from the previous week’s revised tally of 845,000 (see first chart). Claims are now at a seven-week high, the highest level since August 22. The four-week average was 866,250, up 8,000 from the prior average and the first increase since July 25th. The latest week is the 30th week of historically massive claims. Prior to the lockdowns, initial claims were running around 230,000
Since its mostly dem leaning towns locking down, and repub leaning towns not locking down, is it possible that some of this is politically motivated on either side?
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[–]redditbegay 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)