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Economy
Related: About this forumMass firing of federal workers by Trump White House not showing up in jobless claims. Yet.
MarketWatch, Thursday Feb 20
https://www.marketwatch.com/story/mass-firing-of-federal-workers-by-trump-white-house-not-showing-up-in-jobless-claims-yet-c22ee36a?mod=u.s.-economic-calendar
The number of people who applied for unemployment benefits last week stayed at very low levels, but total U.S. jobless claims are set to rise soon as thousands of federal workers fired by President Donald Trump seek compensation.
New jobless claims, a proxy for layoffs, rose by 5,000 to 219,000 in the seven days that ended Feb. 15, the government said.
Just 613 federal employees applied for benefits in the week ended Feb. 8, the latest report shows. Information on laid-off government workers is reported separately with one-week lag.
(snip) Some companies and nonprofit groups that lost federal funding have also had to cut staff. Their workers receive unemployment benefits through regular state programs.
More at link . . .
(emphasis added)New jobless claims, a proxy for layoffs, rose by 5,000 to 219,000 in the seven days that ended Feb. 15, the government said.
Just 613 federal employees applied for benefits in the week ended Feb. 8, the latest report shows. Information on laid-off government workers is reported separately with one-week lag.
(snip) Some companies and nonprofit groups that lost federal funding have also had to cut staff. Their workers receive unemployment benefits through regular state programs.
More at link . . .
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Mass firing of federal workers by Trump White House not showing up in jobless claims. Yet. (Original Post)
progree
Feb 23
OP
Irish_Dem
(67,417 posts)1. Trump will probably hide or change those numbers.
johnnyfins
(1,915 posts)4. Guaranteed they will mess with all numbers
If they release any at all.
Irish_Dem
(67,417 posts)5. China likes to publish false numbers.
So it looks professional and on top of things.
But lies out their asses all the time.
gab13by13
(27,482 posts)2. Way back,
there was a waiting week to file for UC. in Pa.
Hugin
(35,996 posts)3. When (if) it shows up... It's going to be in increasing ripples.
Since the Federal workforce is one of the last bastions of the middle class. Each of those jobs supports three or four other jobs; e.g. Child Care, Service Sector, Transportation, Heath Care, & etc.
Tansy_Gold
(18,122 posts)6. The first call I've seen . . .
. . . for a national strike.
https://substack.com/home/post/p-157980940
The only thing billionaires fear more than taxes is the American people realizing their own power.
What if, tomorrow, the servers stopped serving?
What if the truck drivers pulled over and killed their engines?
What if the grocery store clerks put down their scanners, the janitors put away their brooms, and the factory workers let the machines sit idle?
What if Americas workersthe people who actually run this countrydecided that enough is enough?
I thought about posting it as an OP but preferred to tuck it in my old stompin' grounds, The Economy, first.
I don't expect anything to come of it, but who knows?
