Acceptable registrations in the queue through March 16 at 11:00a ET have now been activated. Enjoy! -M.W.

Terms of Use have been amended effective October 6, 2019. Make sure you are aware of the new rules! Please visit this thread for details: https://www.mibuzzboard.com/phpBB3/view ... 16&t=48619

Breaking News: Unemployment 13%

Debate and discussion of current events and political issues across the U.S. and throughout the World. Be forewarned -- this forum is NOT for the intellectually weak or those of you with thin skins. Don't come crying to me if you become the subject of ridicule. **Board Administrator reserves the right to revoke posting privileges based on my sole discretion**
User avatar
audiophile
Posts: 8546
Joined: Sat Dec 04, 2004 9:21 pm
Location: Between 88 and 108 MHz.

Breaking News: Unemployment 13%

Post by audiophile » Fri Jun 05, 2020 8:38 am

Shocking leveling of the unemployment rate. Experts were expecting as much as 20% but the rate was much less.

Of course Michigan had or has one the highest unemployment in the nation, thanks to the hypocrat.


Ask not what your country can do FOR you; ask what they are about to do TO YOU!!

User avatar
Rate This
Posts: 13968
Joined: Wed Jan 08, 2020 12:17 am

Re: Breaking News: Unemployment 13%

Post by Rate This » Fri Jun 05, 2020 8:58 am

audiophile wrote:
Fri Jun 05, 2020 8:38 am
Shocking leveling of the unemployment rate. Experts were expecting as much as 20% but the rate was much less.

Of course Michigan had or has one the highest unemployment in the nation, thanks to the hypocrat.
Maybe you are patriot?... you both make typos... just sayin... 🤔

In all seriousness... these numbers are good but they are also a little misleading... many of those jobs are just rehires...



User avatar
audiophile
Posts: 8546
Joined: Sat Dec 04, 2004 9:21 pm
Location: Between 88 and 108 MHz.

Re: Breaking News: Unemployment 13%

Post by audiophile » Fri Jun 05, 2020 9:03 am

LOL!

Hypocrat was not a mistake - I'm just pro-word, pro-creation and pro-life.

A new word is in the fetus stage and if we keep using I can submit to Webster in one year for it's birthday celebration. :lol


Ask not what your country can do FOR you; ask what they are about to do TO YOU!!

User avatar
craig11152
Posts: 2034
Joined: Tue Nov 06, 2007 8:15 am
Location: Ann Arbor

Re: Breaking News: Unemployment 13%

Post by craig11152 » Fri Jun 05, 2020 9:19 am

Rate This wrote:
Fri Jun 05, 2020 8:58 am
In all seriousness... these numbers are good but they are also a little misleading... many of those jobs are just rehires...
How is that misleading? Isn't the hope and desire that people will go back to work and become re-employed? The reason unemployment got where it got is obvious.


I no longer directly engage trolls

User avatar
audiophile
Posts: 8546
Joined: Sat Dec 04, 2004 9:21 pm
Location: Between 88 and 108 MHz.

Re: Breaking News: Unemployment 13%

Post by audiophile » Fri Jun 05, 2020 9:21 am

I wonder what stock market will do today.


Ask not what your country can do FOR you; ask what they are about to do TO YOU!!

User avatar
audiophile
Posts: 8546
Joined: Sat Dec 04, 2004 9:21 pm
Location: Between 88 and 108 MHz.

Re: Breaking News: Unemployment 13%

Post by audiophile » Fri Jun 05, 2020 9:23 am

audiophile wrote:
Fri Jun 05, 2020 9:03 am
LOL!

Hypocrat was not a mistake - I'm just pro-word, pro-creation and pro-life.

A new word is in the fetus stage and if we keep using I can submit to Webster in one year for it's birthday celebration. :lol
Urban Dictionary had it since 2007!:
https://www.urbandictionary.com/define. ... m=Hypocrat


Ask not what your country can do FOR you; ask what they are about to do TO YOU!!

User avatar
Rate This
Posts: 13968
Joined: Wed Jan 08, 2020 12:17 am

Re: Breaking News: Unemployment 13%

Post by Rate This » Fri Jun 05, 2020 10:15 am

craig11152 wrote:
Fri Jun 05, 2020 9:19 am
Rate This wrote:
Fri Jun 05, 2020 8:58 am
In all seriousness... these numbers are good but they are also a little misleading... many of those jobs are just rehires...
How is that misleading? Isn't the hope and desire that people will go back to work and become re-employed? The reason unemployment got where it got is obvious.
Essentially the job losses were temporary so if you created 2.5 million brand new never before seen jobs in a month that’s different than 2.5 million went back to work even if it’s counted the same. You’re not really adding much... you’re restoring it.



User avatar
craig11152
Posts: 2034
Joined: Tue Nov 06, 2007 8:15 am
Location: Ann Arbor

Re: Breaking News: Unemployment 13%

Post by craig11152 » Fri Jun 05, 2020 1:03 pm

New job creation is a different catagory that is also measured.

So those numbers stand on there own.


I no longer directly engage trolls

bmw
Posts: 6729
Joined: Sun Dec 05, 2004 1:02 am

Re: Breaking News: Unemployment 13%

Post by bmw » Fri Jun 05, 2020 1:17 pm

I sold my UDOW (3x ETF DOW average) today, up 12% on the day. Finally back out of the hole. My $4,000 investment had turned into $1500 at one point. At $4200 I'm out.



User avatar
Rate This
Posts: 13968
Joined: Wed Jan 08, 2020 12:17 am

Re: Breaking News: Unemployment 13%

Post by Rate This » Fri Jun 05, 2020 2:24 pm

craig11152 wrote:
Fri Jun 05, 2020 1:03 pm
New job creation is a different catagory that is also measured.

So those numbers stand on there own.
No... when they talk about 2.5 million added many of them are part of the 20 million lost the previous month... so they were counted as lost and then they were created again. There’s not a lot of wow factor in clawing back to where you were.



User avatar
UP906
Posts: 1327
Joined: Wed Apr 08, 2020 9:34 am

Re: Breaking News: Unemployment 13%

Post by UP906 » Fri Jun 05, 2020 5:38 pm

Yes there is, because where we were was awesome.


Thread Killer

User avatar
Rate This
Posts: 13968
Joined: Wed Jan 08, 2020 12:17 am

Re: Breaking News: Unemployment 13%

Post by Rate This » Fri Jun 05, 2020 6:09 pm

UP906 wrote:
Fri Jun 05, 2020 5:38 pm
Yes there is, because where we were was awesome.
Where we were was the result of 11 years of continuous growth under 2 presidents, the second riding what the first set up for him.

2 million down and 18 million to go.



User avatar
UP906
Posts: 1327
Joined: Wed Apr 08, 2020 9:34 am

Re: Breaking News: Unemployment 13%

Post by UP906 » Fri Jun 05, 2020 10:53 pm

Rate This wrote:
Fri Jun 05, 2020 6:09 pm
UP906 wrote:
Fri Jun 05, 2020 5:38 pm
Yes there is, because where we were was awesome.
Where we were was the result of 11 years of continuous growth under 2 presidents, the second riding what the first set up for him.

2 million down and 18 million to go.
I don't give a shit who is to credit for where we were. The fact is that it was pretty good, and it is worth noting that we are headed back in that direction.


Thread Killer

screen glare
Posts: 2778
Joined: Tue Mar 24, 2009 8:05 am

Re: Breaking News: Unemployment 13%

Post by screen glare » Fri Jun 05, 2020 11:01 pm

Wait til the second wave of COVID comes crashing in.



Matt
Posts: 9853
Joined: Mon Dec 06, 2004 12:18 pm
Location: Where Ben Zonia couldn't cut it

Re: Breaking News: Unemployment 13%

Post by Matt » Fri Jun 05, 2020 11:23 pm

screen glare wrote:
Fri Jun 05, 2020 11:01 pm
Wait til the second wave of COVID comes crashing in.
Imagine being such a despicable piece of shit that you'd be wishing for this. Also, all the covid predictions have been wrong to date.


What's more pathetic: harassing an old man who is paying to do a radio show or supporting a grifter like Trump?

Post Reply Previous topicNext topic