update to the unemployed....coming

www.forbes.com/sites/jackkelly/2020/08/2...ayoffs/#65534e2b235f

Sept 30th retention....bye bye OCT.1....airlines axe employees by the thousands

Oh and a 174 yr. old comp LORD&TAYLOR.......closing ALL stores....I repeat,per astrology....closing stores,jobs lost in Oct.


TODAY.... www.cbsnews.com/news/united-airlines-pilot-furloughs-october/ 2,850 GONE

per astrology... SEPT. MANY surprise closures...by Q4,WHAT will be the result?

homeagain wrote: www.forbes.com/sites/jackkelly/2020/08/2...ayoffs/#65534e2b235f

Sept 30th retention....bye bye OCT.1....airlines axe employees by the thousands

Oh and a 174 yr. old comp LORD&TAYLOR.......closing ALL stores....I repeat,per astrology....closing stores,jobs lost in Oct.

NEW
TODAY.... www.cbsnews.com/news/united-airlines-pilot-furloughs-october/ 2,850 GONE

per astrology... SEPT. MANY surprise closures...by Q4,WHAT will be the result?

www.businessinsider.com/stores-closing-in-2020-list-2020-1

6,300 is the numbing number of the retail rout .....

www.cnbc.com/2020/08/28/mgm-resorts-send...ughed-employees.html

AND add another 18,000 that WERE going to be called back...NOT NOW

Lord and Taylor have been in hospice for a long time. The Wuhan Flu just finished them off. Why dress up to telecommute?
Our drycleaner is really suffering because no one is going to work or attending parties. We brought in our quilts just to help them out.

FOR PS.....U might want to review this thread,seems I might have been correct.

HA, predicting there would be job losses after a shutdown is akin to predicting that water is going to be wet.... color me unimpressed with this "science"

Pony Soldier wrote: HA, predicting there would be job losses after a shutdown is akin to predicting that water is going to be wet.... color me unimpressed with this "science"

THE REAL question is HOW MUCH LOSS.....the economy is gasping for air already, THIS will drown
any chance of a re surfacing of a REAL recovery.

homeagain wrote:

Pony Soldier wrote: HA, predicting there would be job losses after a shutdown is akin to predicting that water is going to be wet.... color me unimpressed with this "science"

THE REAL question is HOW MUCH LOSS.....the economy is gasping for air already, THIS will drown
any chance of a re surfacing of a REAL recovery.

I see it more as a disruption of certain parts of the economy, air travel and retail are going to take a major hit. Air travel took a big hit after 9/11 too. But other sectors are doing well, mining, tech companies adjusted well to the changes and they are thriving. Tesla and Apple are doing so good that they have had stock splits and the stocks rose after the splits. Would this be happening if the economy was dead?

Internationally, some countries are coming back faster than others, Germany is doing well. Oil prices seem to be moving lower so that will help keep the costs of production down.

THEN WHY is Powell keeping ZERO interest rates for an extended period of time (years) and WHY has
he decided to steer a totally DIFFERENT COURSE for the economy? Because, it is REQUIRED. we
are fubared.