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DATE | 2020-05-14 |
FROM | Ruben Safir
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SUBJECT | Subject: [Hangout - NYLXS] nobody is working and economy collapses
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Nearly 3 Million Sought Jobless Benefits Last Week Number seeking jobless aid has subsided since initial layoffs surge but is still at historically high levels  Businesses remained closed in Brooklyn, N.Y., on Tuesday. PHOTO: SPENCER PLATT/GETTY IMAGES By Sarah Chaney and Gwynn Guilford Updated May 14, 2020 8:36 am ET SAVE PRINT TEXT 136 More than 2.9 million workers applied for unemployment benefits last week, with 36.5 million total applications in two months of the coronavirus impact.
The number of Americans seeking jobless aid is still at historically high levels but has subsided since an initial surge in layoffs drove claims up to a weekly peak of nearly 7 million at the end March.
Initial jobless claims Source: Labor Department Note: Seasonally adjusted, latest figure is preliminary .million May 3-9: 2.98 million Jan. ’20 Feb. March April May 0 1 2 3 4 5 6 7 “The numbers are very high, but they’re stepping down every week, and I see no reason why that decline in filings wouldn’t continue,” Keith Hall, chief economist for the Council of Economic Advisers under former President George W. Bush said ahead of Thursday’s report. “Employers are likely poised to bring people back, but right now we’re in a holding pattern.”
States including Utah, Texas and Indiana have lifted some business restrictions enacted earlier in the crisis to slow the spread of coronavirus. Governors are seeking to increase testing capacity and build contact-tracing teams as they move toward easing their lockdowns.
Meanwhile, the ranks of workers drawing on unemployment insurance continues to grow as states process applications.
 The number of Americans seeking jobless aid remains historically high but has subsided since a late-March surge. A drive-up job fair in Gardena, Calif. PHOTO: CHRIS CARLSON/ASSOCIATED PRESS SHARE YOUR THOUGHTS What measures you like to see in the next coronavirus stimulus bill Congress passes? Join the conversation in the comment section below.
Have you been temporarily let go or furloughed from work? Tell us your story in the form at the end of this article.
Jilma Guevara is one person who has drawn on such benefits after losing work because of the pandemic.
Until March, Ms. Guevara conducted cargo security at Miami International Airport, ensuring that nothing illegal or dangerous was loaded onto flights operated by American Airlines Group Inc. On March 23, 10 minutes before her shift ended, she was laid off by her employer, Eulen America.
The next day, Ms. Guevara, who earned around $17 an hour, said she spent 12½ hours online trying to apply for unemployment benefits before her application finally went through.
After a month, the unemployment checks started to arrive at the end of April, putting Ms. Guevara, age 58, on firmer footing. But she sees few possibilities for a new job, either right now or when the extra $600 a week of federal unemployment benefits expires at the end of July.
“I think I can’t go anywhere because everything is the same everywhere,” she said.
April’s Record-Setting Jobs Report, Explained YOU MAY ALSO LIKE  UP NEXT   0:00 / 2:33  April’s Record-Setting Jobs Report, Explained The Labor Department’s survey taken in April shows record job losses for the U.S. WSJ explains the context behind the historic numbers Photo: Justin Lane/EPA/SHUTTERSTOCK THE UNEMPLOYMENT CRISIS Millions Are Calling About Unemployment Claims: What It’s Like to Be on the Other End of the Call April Unemployment Rate Rose to a Record 14.7% Senate Republicans Float Proposals After House Democrats Release $3 Trillion Plan Economists Forecast 17% Unemployment in June A Guide to Going Back to Work After Lockdowns The Latest on Coronavirus and Business Many states are receiving applications under a provision of a federal stimulus bill that allows workers who were largely ineligible for benefits before the pandemic, including independent contractors and self-employed people, to apply for unemployment benefits. Because those claims aren’t seasonally adjusted, they are excluded from the main claims figures.
State labor departments have been reallocating staff from other departments to process jobless claims and answer phone calls during the economic crisis. Some have turned to tech giants including Amazon.com Inc. and Alphabet Inc.’s Google for new technology to handle the historic number of claims. Such efforts helped Rhode Island begin rolling out a federal unemployment program faster than other states, and Kansas to field more calls than earlier in the crisis.
Many Americans, like Sheryl Gillard of Charleston, S.C., are still waiting to receive their unemployment benefits.
Ms. Gillard, 62, lost her customer-service position at a college bookstore in mid-March when Trident Technical College in Charleston shut down.
She said she still has yet to receive her first payment after submitting her application for unemployment benefits near the end of March. She has started searching for a new job and is open to working in the medical field.
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“In the meantime, where are these benefits we were supposed to be getting?” she said. “I’m just furious, honestly.”
Ms. Gillard said she is thankful for members of her church who have been giving her money while she is jobless and waiting for unemployment payments, which she hopes to receive before her next car bill comes due.
A spokeswoman for South Carolina’s labor department said that it has received more than 453,000 claims in the past seven weeks and that most have been processed within three weeks.
—Lauren Weber contributed to this article.
Have you been temporarily let go or furloughed from work? We'd like to hear about your experiences for a future reporting project. Tell us more about what you do, how long you've been out of work, and what you know about the future of your employment here: -- So many immigrant groups have swept through our town that Brooklyn, like Atlantis, reaches mythological proportions in the mind of the world - RI Safir 1998 http://www.mrbrklyn.com DRM is THEFT - We are the STAKEHOLDERS - RI Safir 2002
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