Tiberius Posted April 6, 2020 Share Posted April 6, 2020 Quote The jobless rate today is almost certainly higher than at any point since the Great Depression. We think it’s around 13 percent and rising at a speed unmatched in American history. The labor market is changing so fast that our official statistics — intended to measure changes over months and years rather than days or weeks — can’t really keep up. But a few simple calculations can help piece together a reasonable approximation. Be warned, these numbers yield an imprecise estimate of today’s unemployment rate, and the truth could easily be quite a lot higher or lower. This is not an estimate of the official unemployment rate for March, which reports the state of the economy a few weeks ago when the labor market was in better shape, nor is it a forecast for the official rate in April. The Labor Department reported on Thursday that around nine million people had filed for unemployment insurance over the past two weeks. (That number is not seasonally adjusted.) By contrast, in a healthy economy, fewer than half a million people would have done so. This suggests there are around 8.5 million more people on unemployment benefits today than there were two weeks ago. https://www.nytimes.com/2020/04/03/upshot/coronavirus-jobless-rate-great-depression.html Link to comment Share on other sites More sharing options...
B-Man Posted April 6, 2020 Share Posted April 6, 2020 How About Some Good News on the Economy? . Link to comment Share on other sites More sharing options...
bbb Posted April 7, 2020 Share Posted April 7, 2020 Has anybody tried to apply for NYS unemployment as a self employed person who has been shut down by this? I'm hearing from my friend, who is in the same boat, that you have to fill it out online, but then you have to call in and he's tried for hours each day and not been able to get through. Is that true? Why wouldn't you be able to complete it online?!? Link to comment Share on other sites More sharing options...
Foxx Posted April 7, 2020 Share Posted April 7, 2020 11 hours ago, bbb said: Has anybody tried to apply for NYS unemployment as a self employed person who has been shut down by this? I'm hearing from my friend, who is in the same boat, that you have to fill it out online, but then you have to call in and he's tried for hours each day and not been able to get through. Is that true? Why wouldn't you be able to complete it online?!? links: Unemployment Insurance Guidance for Self-Employed Individuals 2 Link to comment Share on other sites More sharing options...
Chef Jim Posted April 7, 2020 Share Posted April 7, 2020 (edited) On 4/6/2020 at 9:50 AM, B-Man said: How About Some Good News on the Economy? . Good news? And ***** on Tibs’s parade? How dare you. Edited April 9, 2020 by Chef Jim Link to comment Share on other sites More sharing options...
bbb Posted April 7, 2020 Share Posted April 7, 2020 2 hours ago, Foxx said: links: Unemployment Insurance Guidance for Self-Employed Individuals Awesome - they finally put something up about the phone call vs. online thing! Thanks: Due to enormous volume, there will be considerable wait time. Please be patient; everyone who is entitled will get their benefits.THE BEST WAY TO FILE YOUR UI CLAIM IS ONLINE HEREPlease do not call the telephone claims center unless you are instructed to call to complete your application. If you are instructed to call to complete your claim, the only valid number is 1-888-209-8124. 1 Link to comment Share on other sites More sharing options...
Tiberius Posted April 7, 2020 Share Posted April 7, 2020 Trump sent troops to defend the oil kingdom, and then the oil kingdom driving our oil industry out of business. Just one more terrible thing about this clown https://foreignpolicy.com/2019/10/16/trump-deployment-troops-saudi-arabia-abandoning-syria-iran-attacks/ Bring the troops home, this is stupid Link to comment Share on other sites More sharing options...
Tiberius Posted April 7, 2020 Share Posted April 7, 2020 Quote As the number of COVID-19 deaths in Johnson County increased to a total of nine Monday, truckers are sounding the alarm that the the nation’s supply chain could be in jeopardy if the government doesn’t help protect them. Truckers say that every day, they are hauling needed goods into COVID-19 hot spots with no protective equipment, testing capabilities or ways to self-quarantine or seek treatment if they become sick. The Owner-Operator Independent Drivers Association sent a letter Friday to President Donald Trump on Friday saying: “HELP — MAYDAY — 9-1-1.” https://www.kansascity.com/news/coronavirus/article241802196.html 1 Link to comment Share on other sites More sharing options...
3rdnlng Posted April 7, 2020 Share Posted April 7, 2020 1 hour ago, Tiberius said: Trump sent troops to defend the oil kingdom, and then the oil kingdom driving our oil industry out of business. Just one more terrible thing about this clown https://foreignpolicy.com/2019/10/16/trump-deployment-troops-saudi-arabia-abandoning-syria-iran-attacks/ Bring the troops home, this is stupid Those damn Saudis aren't helping us a bit, while the Russians must be colluding with Trump by doing the same thing. Out of curiosity, do you ever put any thought into what you post? For your sake, I hope not. Being lazy is not a good thing but is supposedly correctable. Coming up with theshit that you do though, is plain amoeba level ignorant. 1 1 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted April 7, 2020 Share Posted April 7, 2020 From today's presser: SBA has processed more than $70B in loans. He is asking Congress for $250B more money for the Paycheck Protection Program. Link to comment Share on other sites More sharing options...
bbb Posted April 8, 2020 Share Posted April 8, 2020 15 hours ago, Foxx said: links: Unemployment Insurance Guidance for Self-Employed Individuals I'm almost done with my 2019 taxes. I made more in 19 than I did in 18. I also made more in 17 than 18. Am I better off getting these taxes done, and claiming a higher number or does your income amount not matter? 1 Link to comment Share on other sites More sharing options...
Foxx Posted April 8, 2020 Share Posted April 8, 2020 (edited) 8 hours ago, bbb said: I'm almost done with my 2019 taxes. I made more in 19 than I did in 18. I also made more in 17 than 18. Am I better off getting these taxes done, and claiming a higher number or does your income amount not matter? to be honest, i don't know. i haven't filed as yet but i would think most definitely, income does matter. i will file as it back dates and i will get all monies coming to me (at least that is what the guide states) but right now , i don't know any specifics. just using rational thought (not that that matters in this case), it has to be based upon the previous 52 weeks worked. how that is substantiated, i don't rightly know. after all, you are not filing tax work for the first 8/10/12 weeks of this year till next year. Edited April 8, 2020 by Foxx 1 Link to comment Share on other sites More sharing options...
Deranged Rhino Posted April 8, 2020 Share Posted April 8, 2020 Any truth to the last tweet? I haven't seen it anywhere. Link to comment Share on other sites More sharing options...
B-Man Posted April 9, 2020 Share Posted April 9, 2020 THANKS, BERNIE: Dow rallies 700 points, retakes 23,000 as market rebound continues after Sanders withdraws from race. . 3 Link to comment Share on other sites More sharing options...
B-Man Posted April 9, 2020 Share Posted April 9, 2020 . 1 2 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted April 9, 2020 Share Posted April 9, 2020 She's getting roasted by both sides. 1 2 Link to comment Share on other sites More sharing options...
Deranged Rhino Posted April 9, 2020 Share Posted April 9, 2020 1 3 Link to comment Share on other sites More sharing options...
Deranged Rhino Posted April 9, 2020 Share Posted April 9, 2020 2 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted April 9, 2020 Share Posted April 9, 2020 Trump presser: airline package over the weekend Putin/SA/Trump call... "had a very good talk" and they are "close to a deal" (OPEC). 1 2 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted April 9, 2020 Share Posted April 9, 2020 The strategic reserves are almost full. He expects, one way or the other, something will be announced today or tomorrow. COVID-19 knocked out 40% of the oil market. 2 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted April 9, 2020 Share Posted April 9, 2020 1 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted April 9, 2020 Share Posted April 9, 2020 (edited) Pence: New FAQ tonight on how seasonal employees can benefit in the paycheck protection program. Those $1200 will be going on next week treasury.gov or sba.gov Edited April 9, 2020 by Buffalo_Gal Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted April 9, 2020 Share Posted April 9, 2020 From the presser, Secretary of Labor Eugene Scalia: The temp $600 is available to gig employees, self-employed, and regular employees. (How long it takes will vary by states.) States will be able to catch them up later when the state computer systems are updated ($500M has gone to the states to help them update their systems). 3 Link to comment Share on other sites More sharing options...
Foxx Posted April 9, 2020 Share Posted April 9, 2020 12 minutes ago, Buffalo_Gal said: From the presser, Secretary of Labor Eugene Scalia: The temp $600 is available to gig employees, self-employed, and regular employees. (How long it takes will vary by states.) States will be able to catch them up later when the state computer systems are updated ($500M has gone to the states to help them update their systems). is this obtainable through the states unemployment system or the federal PPP? Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted April 10, 2020 Share Posted April 10, 2020 1 hour ago, Foxx said: is this obtainable through the states unemployment system or the federal PPP? State. In a presser last week Trump said he wanted it sent through the feds due to the antiquated systems some states had, and it would be faster for the feds to dispense the extra $600, but the bill was not written that way. This is unemployment money. 1 Link to comment Share on other sites More sharing options...
bbb Posted April 10, 2020 Share Posted April 10, 2020 4 hours ago, Buffalo_Gal said: From the presser, Secretary of Labor Eugene Scalia: The temp $600 is available to gig employees, self-employed, and regular employees. (How long it takes will vary by states.) States will be able to catch them up later when the state computer systems are updated ($500M has gone to the states to help them update their systems). Will I lose out on anything if I wait until my 2019 taxes are done.............After days of questioning people, I think I finally have figured out it would be better for me to get my 2019 done and submitted before applying. But, I don't want to miss any deadlines or anything like that? Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted April 10, 2020 Share Posted April 10, 2020 (edited) 3 minutes ago, bbb said: Will I lose out on anything if I wait until my 2019 taxes are done.............After days of questioning people, I think I finally have figured out it would be better for me to get my 2019 done and submitted before applying. But, I don't want to miss any deadlines or anything like that? No idea. Maybe call your state’s unemployment office? Edited April 10, 2020 by Buffalo_Gal Link to comment Share on other sites More sharing options...
bbb Posted April 10, 2020 Share Posted April 10, 2020 15 minutes ago, Buffalo_Gal said: No idea. Maybe call your state’s unemployment office? I haven't had 7 straight free hours yet! Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted April 10, 2020 Share Posted April 10, 2020 (edited) He was up early. My husband (who complains about Trump a lot) said he brokered a deal on oil. Apparently, Mexico would not agree to the OPEC cuts (they offered 100K barrels a day, not the 350K OPEC wanted from them) so Trump offered up 250K barrels a day from the US. I cannot find a news source for this, but Hubby has had it open and scrolling for days now so I expect it is close to what will happen, barring any last minute shenanigans. Not sure it will be enough. Markets closed for Good Friday, although oil is down a bit due to the lack of oil use as the world economy is shut down. Edited April 10, 2020 by Buffalo_Gal 3 Link to comment Share on other sites More sharing options...
Uncle Joe Posted April 10, 2020 Share Posted April 10, 2020 13 hours ago, Buffalo_Gal said: No idea. Maybe call your state’s unemployment office? That is just mean. j/k (In a former life I worked maintaining UI phone systems) Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted April 10, 2020 Share Posted April 10, 2020 2 hours ago, Buffalo_Gal said: He was up early. My husband (who complains about Trump a lot) said he brokered a deal on oil. Apparently, Mexico would not agree to the OPEC cuts (they offered 100K barrels a day, not the 350K OPEC wanted from them) so Trump offered up 250K barrels a day from the US. I cannot find a news source for this, but Hubby has had it open and scrolling for days now so I expect it is close to what will happen, barring any last minute shenanigans. Not sure it will be enough. Markets closed for Good Friday, although oil is down a bit due to the lack of oil use as the world economy is shut down. Started the presser with, "The United States helping Mexico along. They will reimburse us later." 2 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted April 10, 2020 Share Posted April 10, 2020 Still Trump at presser (as always, paraphrased) Directed Sec Purdue to use funds and (something) available to work with our ranchers, cattlemen, producers, to make sure our food supply is safe. (And something about continuing smoothly.) 3 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted April 10, 2020 Share Posted April 10, 2020 (edited) Trump talking about oil. Mexico (OPEC+) will reduce by 100K barrels. They'd be 250K (350K?) short, they (Mexico) would make it up to us at a later date. (sounds pretty much like what Hubby told me earlier) We will be reimbursed "in a form" at a later date. Edited April 10, 2020 by Buffalo_Gal 3 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted April 10, 2020 Share Posted April 10, 2020 Trump: his economic advisors are interested in Q3 and Q4. He seems to be really hyping Q4. A lot. (Will it happen or come back and bite him?) 1 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted April 12, 2020 Share Posted April 12, 2020 From Bloomberg </snip> OPEC+ will cut 9.7 million barrels a day -- just below the initial proposal of 10 million. The U.S., Brazil and Canada will contribute another 3.7 million barrels on paper as their production declines. OPEC officials were still waiting to hear more from Group of 20 members -- though it’s not clear if those numbers will represent real cuts or just production idled because of market forces. </snip> 4 Link to comment Share on other sites More sharing options...
Chef Jim Posted April 12, 2020 Share Posted April 12, 2020 30 minutes ago, Buffalo_Gal said: From Bloomberg </snip> OPEC+ will cut 9.7 million barrels a day -- just below the initial proposal of 10 million. The U.S., Brazil and Canada will contribute another 3.7 million barrels on paper as their production declines. OPEC officials were still waiting to hear more from Group of 20 members -- though it’s not clear if those numbers will represent real cuts or just production idled because of market forces. </snip> So he IS a Russian operative!! I knew it. 2 Link to comment Share on other sites More sharing options...
BillStime Posted April 12, 2020 Share Posted April 12, 2020 The Trump economy... in a nutshell. Link to comment Share on other sites More sharing options...
Foxx Posted April 12, 2020 Share Posted April 12, 2020 54 minutes ago, BillStime said: The Trump economy... in a nutshell. you're an idiot. 3 Link to comment Share on other sites More sharing options...
BillStime Posted April 12, 2020 Share Posted April 12, 2020 14 minutes ago, Foxx said: you're an idiot. Link to comment Share on other sites More sharing options...
Chef Jim Posted April 12, 2020 Share Posted April 12, 2020 1 hour ago, BillStime said: The Trump economy... in a nutshell. Please explain what this picture has to do with the Trump Economy. Link to comment Share on other sites More sharing options...
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