• 61 Posts
  • 145 Comments
Joined 1 year ago
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Cake day: June 13th, 2023

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  • The article says “will be unemployed” meaning they are going to get fired or laid off or whatever the term they are using these days.

    Sounds like they expect it to peak at about 4.8% if my maths is right? Historically, that’s still pretty low.

    I don’t know. Usually mass layoffs have carry over to the rest of the economy. All the businesses serving those government employees are probably also going to downsize somewhat. Some may even go out of business who knows.

    I get lost with the new benefits. Are the 187k people on Jobseeker not all considered “unemployed”?

    Most likely not everybody who is unemployed is getting a benefit so the number unemployed should be higher than those seeking jobseeker benefits.