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Janet Yellen: Unemployment is Likely Around 13% Right Now
Breitbart ^ | 6 Apr 2020 | JOHN CARNEY

Posted on 04/06/2020 11:13:12 AM PDT by Hojczyk

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To: Hojczyk

“All of us wanna know, just as much as I wanna know, who’s responsible? ... But don’t worry: your food, housing, insecurity will be guaranteed by your Department of Redundancy Department and the Natural Guard. ... So please, stay where you are. Don’t move, and don’t panic! Don’t take off your shoes! Jobs is on the way!”...The Firesign Theatre


21 posted on 04/06/2020 11:54:07 AM PDT by RckyRaCoCo (Please Pray For My Brother Ken)
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To: Hojczyk

Is this the Obama number (remember he stopped counting people who left the workforce).


22 posted on 04/06/2020 12:07:55 PM PDT by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.for corruptiion)
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To: Hojczyk
Yellen described the recent reports of initial claims for unemployment benefits, amounting to around 10 million in the past two weeks, as “absolutely shocking.”

She's living in a bubble. The 10 million is the number of unemployment claims processed. Millions more were filed and are still waiting to be processed.

23 posted on 04/06/2020 12:11:43 PM PDT by aimhigh (THIS is His commandment . . . . 1 John 3:23)
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To: Hojczyk

Most of the unemployed are furloughed and will return to their jobs. But it’s a great opportunity for businesses to be rid of less productive employees without having to fire them...just don’t call them back.


24 posted on 04/06/2020 12:16:55 PM PDT by JimRed (TERM LIMITS, NOW! Build the Wall Faster! TRUTH is the new HATE SPEECH.)
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To: Alberta's Child

I think throwing down the gauntlet that we will experience a huge wave of deaths during the next two weeks, Trump is setting the stage to start recovery. When (and if) those numbers come in way short, I think Fauci is going to lose a lot of power, and a lot of support and the focus is going to turn.


25 posted on 04/06/2020 12:17:13 PM PDT by Yogafist
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To: Buckeye McFrog

Excellent point


26 posted on 04/06/2020 12:23:32 PM PDT by genghis
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To: Alberta's Child

+1


27 posted on 04/06/2020 12:37:13 PM PDT by MotorCityBuck ( Keep the change, you filthy animal! ,)
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To: Hojczyk

Is it still your economy, Mr. Obama?


28 posted on 04/06/2020 1:13:17 PM PDT by lowbridge
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To: Hojczyk

From the woman who headed the Federal Reserve Bank of San Francisco, when the housing bubble was raging in California and she declared there was no housing bubble. Then, later on, the Peter Principle was rewarded by Obama’s elevation of her to the top spot at the Fed. Like Madeline Halfbrite she rose to her level of incompetence.


29 posted on 04/06/2020 3:10:44 PM PDT by Wuli
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To: Buckeye McFrog
> Trump has Xi by the shorthairs now.

This is probably the "last straw to break the dragon's back", but the real concern is if Xi and his CCP will go peacefully, or start WW III.

30 posted on 04/06/2020 3:48:42 PM PDT by SecondAmendment (This just proves my latest theory ... LEFTISTS RUIN EVERYTHING)
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To: DoodleDawg

Higher, but much shorter term.


31 posted on 04/06/2020 4:44:31 PM PDT by VTenigma (The Democrat party is the party of the mathematically challenged)
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To: VTenigma
Higher, but much shorter term.

One would hope. It will depend on how much longer this goes on.

32 posted on 04/06/2020 5:03:03 PM PDT by DoodleDawg
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To: DoodleDawg

One month more.


33 posted on 04/06/2020 5:05:56 PM PDT by VTenigma (The Democrat party is the party of the mathematically challenged)
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To: VTenigma
One month more.

We'll see. If it goes longer than that then it'll take longer to recover.

34 posted on 04/06/2020 5:08:02 PM PDT by DoodleDawg
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