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#Unemployment
Stears Business
StearsBusiness
The @nigerianstat just released ’s unemployment figures for the second quarter of 2020. The last time we got unemployment data was for the third quarter of 2018. Unsurprisingly, unemployment is
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Phil Magness
PhilWMagness
Quick primer re. the "it's the virus, not the lockdowns" argument:1. All 50 states had an identically timed drop in economic activity in March. Yes, that was the virus.2. By
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Joe Dolio 🇺🇲
DolioJ
A few notes from Govenror Whitmer's press conference yesterday:First, they proved the new lockdown is a SCAM. Dr Khaldoun sated that cases per million have been going DOWN every day
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Matt Nippert
MattNippert
I started looking at business failure rates for June and July: They are, counterintuitively, way down. Then segued on Wednesday to try and understand why forecasters got unemployment projections so
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Jacob Leibenluft
jleibenluft
Quick thread: the Trump admin has been pretty unclear about what it means by an "EO on unemployment insurance," but the main idea I've seen floated is notable in both
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Marc Goldwein
MarcGoldwein
New BEA data shows income fell 4.2% from April to May. This is true but misleading.Income is UP by 5% to 8% relative to (pre-COVID) February and is the second
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Richard Rigby
Richard_Rigby_
5 BIG questions for youth unemployment in 2021: a short thread >1/7 1. How high will youth unemployment go?Even with extended furlough & vaccines, record highs are not out of
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Shai Akabas
ShaiAkabas
We absolutely, positively, must urgently reach a deal to prevent the $600/wk unemployment insurance from expiring (and do a whole lot of other things).BUT, here are 4 reasons why the
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Max Burns
themaxburns
Let's talk about the grim reality of this morning's unemployment numbers, because there's a time bomb here and it's ticking down to December 26, 2020. 1/https://www.cnn.com/2020/11/19/economy/unemployment-benefits-coronaviru
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Elizabeth Warren
SenWarren
If Donald Trump cared about helping Americans, he would have demanded @SenateMajLdr McConnell start negotiating as soon as the House passed the HEROES act almost two months ago. These legally
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Eric Lonergan
ericlonners
1) Includes ‘a very large increase in interest rates’. The empirical overconfidence here is shocking.https://twitter.com/ojblanchard1/status/1358122330329927680 2) If every important empirical macro claim you have made about inflation,
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Paul Krugman
paulkrugman
A wonkish thread on the economics of unemployment insurance. Why? Because Republicans are talking nonsense, but also because it seems to me that even some of the people calling for
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Governor Tony Evers
GovEvers
Our state’s unemployment system is outdated and ineffective. Wisconsinites deserve better, but the Legislature has ignored my call for a special session to fix our broken UI system, once again
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Heidi Shierholz
hshierholz
Today's #JOLTS data show that by the end of Oct—3 months after Senate Republicans let the extra $600 in weekly UI benefits expire—there were 4.2 million more unemployed workers than
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Peter Ganong
p_ganong
new predictions of effects of alternative UI benefit supplements The UI supplements have expired. Congress is considering a range of options.What will happen to 1) *consumption*2) *UI replacement rates*Thread w/@JoeVavra
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National Women's Law Center
nwlc
This month’s #jobsreport is here: 480k women entered the labor force last month — but we’re still short 2.2 million women in the labor force since February. Despite some job
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