Article

2021-02-19 Economy

Disappointing Increase in Unemployment Claims (week ending 13Feb)

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Posted by Lord Garth 2021-02-19 00:00|| || Front Page|| [11 views ] Top

#1 there has been little net improvement ~~in the labor market~~ since Nov 2020

Posted by Pheager Ghibelline8658 2021-02-19 00:33|| 2021-02-19 00:33|| Front Page Top

#2 Disappointing, perhaps. Surprising? Hardly.

Posted by Clem 2021-02-19 01:55|| 2021-02-19 01:55|| Front Page Top

#3 just gonna get worse

Posted by Chris 2021-02-19 08:26|| 2021-02-19 08:26|| Front Page Top

#4 Disappointing is the new unexpectedly when it comes to bad news for the Biden* Administration.

Posted by Raj 2021-02-19 09:19|| 2021-02-19 09:19|| Front Page Top

#5 just gonna get worse

maybe but the majority of forecasts see growth;

optimists see as high as 3 or 4% GDP growth for calendar 2021, a lot see 2% or less, I couldn't find any of the traditional forecasts (economic forecasters at big conglomerates and major companies) that forecast negative growth

Truth is a lot of small business are not coming back and we have no well tested forecast models to predict how many. We also don't have models that can deal with the post pandemic corporate restructuring. Finally the amount of damage the Biden Admin will do to the economy is unknown.

Posted by Lord Garth 2021-02-19 09:29|| 2021-02-19 09:29|| Front Page Top

#6 Did we forget what stagflation means? We're about to have a refresher course.

Posted by Tom 2021-02-19 13:17|| 2021-02-19 13:17|| Front Page Top

#7 ^ That '70s Show

Posted by Punky Guelph9115 2021-02-19 14:46|| 2021-02-19 14:46|| Front Page Top

#8 Well the jackass party has already made steps to hike all fuel prices, so yea, its the 70's all over again. This is all the jackass party remembers, pelosi, biden, hoyer, fill in the rest of the over 75 y.o. congress criter names for yourselves, add the pub and rhino for good measure.

bottom line - you are screwed again

Posted by George Spawn of the French2527 2021-02-19 17:33|| 2021-02-19 17:33|| Front Page Top

#9 ... Unexpectedly....

Posted by CrazyFool 2021-02-19 20:26|| 2021-02-19 20:26|| Front Page Top

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