May 6, 2020
“Plenty of layoffs that just a month ago were labeled “temporary” are now tagged “indefinite” or “permanent…such notices are a sign that even as businesses continue to hope for a speedy recovery, they are starting to plan.”
“Job losses of this scale are unprecedented,” said Ahu Yildirmaz, co-head of the ADP Research Institute, “The total number of job losses for the month of April alone was more than double the total jobs lost during the Great Recession.”
“The unique nature of the COVID-19 crisis has led to the furlough of many workers and has also made it difficult for people to look for new work, even if jobs are available…employment losses are likely in the tens of millions, but many individuals are finding it hard to actively look or be available for work and therefore be classified as unemployed.”
“The credit card balance decline was notably larger than the same period last year, which may reflect the early signs of decreased consumer spending due to COVID-19.”
“The faster we reopen, the lower the economic cost — but the higher the human cost, because the more lives lost,” New York Gov. Andrew Cuomo said. “That, my friends, is the decision we are really making.”
“…basic income improves the mental well-being of recipients and makes them feel more secure with their finances…(But)…doesn’t provide the boost to the jobs market…But it does raise happiness levels.”
“assigned seats…will be at least six feet apart per grouping…fans…will be required to wear face masks (including the venue’s employees), have their temperatures taken at the door and capacity for the 1,100 person venue will be capped at 229.”
“April’s surge in background checks followed a March that shattered all one-month records. Breitbart News reported March 2020 witnessed 3,740,688 background checks, which were the most checks conducted in any single month since the inception of NICS.”
Although the service they provide is education, the product for which they charge is the college degree… Now that future is changing in ways none of us can really apprehend.
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