Discover and read the best of Twitter Threads about #unemployment

Most recents (24)

The Trump-Scalia Dept of Labor released new regulatory guidance for the new pandemic #unemployment assistance (PUA) program passed by Congress in the #CARESAct, and it’s criminally narrow. wdr.doleta.gov/directives/cor…
While the program will cover #gigeconomy workers, it only extends to those who are “forced to suspend operations” because of #COVID19, leaving those who could still turn their apps on—even if they can’t find work—in a grey area.
While PUA will cover those who are caring for a child while school is closed due to #COVID19, that coverage could end when the regular school year is over.
Read 5 tweets
More than 6.6 million people filed for #unemployment in the past week. 10 million in two weeks. Now, @StevenMnuchin1 and @realDonaldTrump are on the brink of personally signing pink slips for a million or more aviation workers. Tell them NO #COVID19 1/12 actionnetwork.org/letters/no-war…
Aviation workers gave our government a simple solution to save 2 million jobs and a vital industry: direct grants that kept aviation workers on payroll, connected to our benefits, and able to assist in fighting the virus now then lift our economy once it's contained 2/12
We fought for and won exactly that in the #CARESAct, a bipartisan agreement to keep people in their jobs, getting their regular paychecks, connected to their healthcare. A truly #WorkersFirst plan, created by workers for workers 3/12
Read 12 tweets
Follow this thread for coverage of our SFI Flash Workshop re: #COVID19, "After the First Wave," organized by @mikha_ehl, Cris Moore, & @svscarpino — with presentations by @meyerslab, @Caroline_OF_B, @rajivatbarnard, @glenweyl, & @sdelvall.

More info:
santafe.edu/events/after-f…
Some background from Lauren Ancel Meyers @meyerslab about the #epidemiology modeling community's efforts to produce #pandemic projections for the @CDC — first about #influenza and then, suddenly and with the models incomplete, pivoting to #COVID19:
Aggregate data from travel in and out of #Wuhan in early 2020. To infer the pace of the #epidemic, @meyerslab and colleagues used info on timing & location from first cases in other areas, travel volume to/from Wuhan, and gave an early doubling rate for #COVID19:
Read 13 tweets
The #coronavirus #pandemic/#panic has already fundamentally changed our society and #economy. We're already seeing #quarantines along with #unemployment, #bankruptcies, and empty shelves in stores. And we see how entire states are being shut down as government asserts they know
which businesses are 'essential' and thus may operate and which are 'non-essential' and therefore forced closed. Whereas this obviously will cause enormous economic problems, let's take a look at what is actually going on. We are not only in the midst of a virus pandemic, but
also a major economic shift: from industry to information. Such shifts can happen smoothly, but government's actions are forcing the shift and disrupting all industries--uprooting the traditional employment model and creating a gig and work-from-home economy. Part of this is the
Read 13 tweets
THREAD: This is what it’s like when a restaurant closes during #coronapocalypse:

Today we picked up our final checks. We are all laid off & are eligible for #Unemployment. Our GM & Chef/Owner set up the dining room like a grocery store so we could walk around & take food home /1
It was incredibly sad. We tried to maintain our social distance, but we’re a family so some people hugged. I tried to be logical with my food choices, but it felt so overwhelming because of feels, plus most was perishable food /2
I made sure to get things I knew I’d eat: a lot of bread, some cheese, pasta, pickles, butter, eggs. I did take some smoked salmon, as well as some chicken & bacon to freeze, but left the Impossible patties, whole fishes, & duck for others /3
Read 7 tweets
Let us talk about the #FED #FOMC's 1st #MonetaryPolicy meeting of 2020. Specifically, let us talk about the puzzle that is a flatter #PhillipsCurve...
The #FederalOpenMarketCommittee (#FOMC) of the #FederalReserveBank (#FED) of the #US concluded its 1st meeting of 2020 on the 29th January 2020. As expected, the FED did not change rates but left the #KeyPolicyRate, the #FederalFundsRate (#FFR) in the 1.5%-1.75% range...
Indeed, if one considers the #FED #Dotplot of December 2019, the decision to keep rates unchanged would not come as a surprise. What I wanted to focus on today is some key passages in the statement, highlighted in yellow in the screenshot below...its all #PhillipsCurve...
Read 17 tweets
Translation:
#Rahul Why haven't you not gone to Shaheen Bagh?
#Kejriwal: Did you go?
#Rahul: Why should I?
#Kejriwal: He won't go!
#Rahul: We report Sir!
#Kejriwal: We govern Sir! We administer!
#ShaheerBagh(1/n)

#Rahul: We've not distanced ourselves. We were reporting amongst them.
#Kejriwal: We've not distanced too. We've been running schools,hospitals,built roads,installed CCTVs.They've (#BJP) created ruckus across the country coz they don't have control on #Economic situation. (2/n)
#Kejriwal: They've created a condition that he (Pointing at #Rahul) doesn't have the strength to speak abt #UnEmployment & #Economy. They (#BJP) are powerful that they will shutdown their channel(#TimesNow).That is why,from morning to evening, they talk about Hindu-Muslims (3/n)
Read 8 tweets
#UttarPradesh (U.P.) is India’s most populous state and represents nearly 15% of India’s total Parliamentary seats.
It is quite literally, the “Heart of India.”

The following thread cites certain indicators to examine, the state of U.P., over the last 2 years. @Virvij
1. #UttarPradesh is the worst performer in the country, when it comes to the national health index.

#Health

livemint.com/Politics/dVHbN…
2. #UttarPradesh is the worst performing state in the country, when it comes to girls education.

#Education

theprint.in/india/educatio…
Read 11 tweets
A thread on ALL INDIA GENERAL STRIKE on 8th JANUARY 2020.
via @cpimspeak

Demand 1 - Urgent measures for containing Price Rise through universalisation of Public Distribution System and Banning speculative trade in commodity market.

#IndiaStrikesAgainstModiGovt
Demand 2 - Containing #Unemployment through Concrete measures for Employment generation.

LINK EMPLOYMENT GENERATION WITH STIMULUS PACKAGES.

#IndiaStrikesAgainstModiGovt
Demand 3 - Strict enforcement of all basic LABOUR LAWS WITHOUT ANY EXEMPTION or EXCEPTION and Stringent Punitive Measures for Violation of Labour Laws.

#IndiaStrikesAgainstModiGovt
Read 13 tweets
#mcmCharts

lets get this going - will be adding to this over the evening

Gee - someone is pretty bearish #putcalls

NOT ONLY that #CNBS is warning of a #blackswan because of their concerns about put option activity

/1
AAII Bulls are still amazingly tepid... /2
on the shorter-term AAII Bulls are starting to reach a more elevated level BUT this is still low vs history /3
Read 67 tweets
I really understand this desire (agenda?): Between 3.5+ Million #Syria refugees, hundreds of thousands of strategic #Turkish Land given to #Qatar, and now opening the #Libya floodgate ... What’s the “Real” deal? #Arab-ification Of #Turkey? Can someone explain this to me please?!
You see, because it does NOT make sense economically: With Very High #Unemployment In #Turkey. It Does NOT make any sense for “National Security”- Giving Away all this strategic land to Foreigners (#Qatar) & Bringing In “Highly Questionable” Factions In masses. So Why?
In #Turkey some say: It is a ploy to “import” voters for certain parties. Some say: It is an agenda to change the #Turkish demographics to lean towards radicalism in religion. I am posing the question (rhetorical as may be), and trying to delve deeper ...
Read 3 tweets
Today’s #employment report was considerably stronger than anticipated, allowing for manufacturing-sector strike activity and with the substantial upward revisions to #job numbers over the past two months. Yet, clearly, employment growth is slowing some.
Still, the demand for #labor exceeds historically moderate levels of new entrants into the workforce, which has helped to bring the #unemployment rate down persistently over the past 10 years, to 3.56% today.
The question now is whether a moderating #employment cycle, alongside of an #economy faced with great uncertainty over the past few months, will see some bottoming and improvement from here, or not?
Read 4 tweets
NEW data from @BLS_gov - the unemployment rate in September fell 0.2 p.p. to 3.5 percent, its lowest rate in over half a century. #jobsday
The #unemployment rate for Hispanic-Americans reached a historic low of 3.9 percent. African American unemployment held steady at its record low of 5.5 percent.
In the 34 months since @realDonaldTrump was elected, the #economy has created more than 100,000 jobs in 31 of those months and added 136,000 jobs in September.
Read 4 tweets
New from @BLS_gov - in August, the #unemployment rate remained at 3.7%, and has been under 4% for 18 consecutive months, the longest such streak since 1970!
The economy added 130k #jobs in August and wage growth remained strong. Nominal average hourly earnings for private workers have increased 3.2% over the past 12 months and 3.5% for private non-supervisory workers.
The African American unemployment rate fell to a new series low of 5.5 percent (series beginning in 1972).
Read 4 tweets
FACTS for this week about how Israel uses water as a weapon against Palestinians (citations below):

Israel’s blockade on #Gaza enters its 12th year. Less than 16% of items needed to repair & construct #water infrastructure are allowed entry. Gaza’s economy is near collapse.
Above image via @btselem "An elderly man fills a water container at a public multi-faucet sink in Khan Younis, Gaza Strip": btselem.org/photoblog/2014…

FACTS for this week via Human Rights Council report March 15, 2019: reliefweb.int/sites/reliefwe…

Our website: waterjusticeinpalestine.org
Today in #Gaza, 95% of the population does not have access to clean water. (In 2000, the public water network provided over 98% of Gazans with safe drinking water. By 2014, after Israel’s bombardments, that figure had plunged to 10.5%.)
Read 12 tweets
Ten #MMT tips to remember on #TaxDay:
1. Federal #taxes don't fund federal spending, so let's #decouple these two important tools.
2. Taxes offset #Government spending.
3. It's a matter of #logic: #dollars must be spent into existence (by the Gov) first, in order for us to use some of those $ to pay taxes
4. #Taxing for #revenue is for local states/municipalities, not the #sovereign issuer of the #currency.
5. Taxing excessive wealth protects #democracy from #Oligarchy and protects us from abusive market power
6. Taxing #pollution & #speculation to reduce such activities, not to "fund" #healthcare and #education.
Read 6 tweets
#Panel discussion on "What is the new normal for #CESEE?"
@wiiw_news #wiiwSpringSeminar
Vizek: "Very strong public sector, lot of informal economy. Croatia experienced slow growth before, so new normal not really new. But political willingness to reform very low."
Zubovic: positive trends in #Serbia: - rapid #growth in #IT sector over last 3/4 years w/ 3% to 6% share of GDP - Huge Chinese #investments, but with #externalities - Macroeconomic #stability, no fiscal #deficit anymore - foreign #debt declining - Substantial growth of #GDP
Read 14 tweets
విద్యా విధానంలో @PawanKalyan ప్రసంగం విన్న తర్వాత, ఇంత కాలం నా లోపల ఉన్న కోపం, నిరాశను నియంత్రించలేక, నేను బయటకు వచ్చి మాట్లాడటానికి ఇది సరైన సమయం అని నేను భావిస్తున్నాను.

Thread on it

#JanSena #VoteForGlass #JSPForNewAgePolitics
మీకు తెలుసా, US లో దాదాపు 90% మంది విద్యార్థులు (kindergarten to 12th grade) ప్రభుత్వ పాఠశాలల్లో చేరుతారు!

ప్రభుత్వ పాఠశాల వ్యవస్థ ఎంత బలంగా ఉందో అర్థం చేసుకోండి!!

అలాగే, ఎవరూ విద్యను వ్యాపారంగా భావించరు.
ఎంత మందికి తెలుసు ప్రపంచంలో టాప్ 10 విశ్వవిద్యాలయాలలో వున్న మసాచుసెట్స్ ఇన్స్టిట్యూట్ ఆఫ్ టెక్నాలజీ (MIT), Stanford విశ్వవిద్యాలయం, హార్వర్డ్ విశ్వవిద్యాలయం ప్రైవేట్ (Private) మరియు లాభాపేక్షలేని (Non-profit) విశ్వవిద్యాలయాలు అని?

మన భారతదేశంలో ఇలా ఊహించగలమా?
Read 12 tweets
The new @wiiw_news Handbook of #Statistics 2018 contains updated key #macroeconomic & structural indicators for 22 economies in #CESEE serving as easy-to-use reference tool & facilitating comparisons across topics, countries & time.
wiiw.ac.at/wiiw-handbook-…
Thread: 1/11
New features of the 2018 ed. include e.g.
- new key indicators at #regional levels
- #wages & #investment data by activity now also available for #Turkey
- comparable #structural breakdown for all countries
Find below examples of some conclusions from the newly released data
2/11
All countries in #CESEE experienced positive #economic #growth in 2017, clear leader was #EUCEE with average real GDP growth of 4.9%. Ten economies achieved their highest real #GDP growth rates over the last 5 years.
3/11
Read 11 tweets
On my recent trip back home, i decided to visit the areas that had gone through the anti-encroachment drive and interview the people in those areas. The stories we heard about families being forced onto the streets are, unfortunately, true.

#Pakistan #Karachi #AntiEncroachment
Meet Interviewee 1: Ahmed, aged 13. It is nothing new to see Child Labour in Pakistan but Ahmed was recently forced to start working at his uncle’s Ajrak shop because his father’s small shop had been torn down by the government. Before that? He went to school.

#ChildLabour
Pictured here is Interviewee 2: Ahmed’s Uncle Sajjad, packing dozens of unsold Ajraks awaiting the imminent threat of the #government’s anti-encroachment drive. He had taken over this shop in Abdullah Market, Saddar from his late father 7 years ago and paid the rent ever since.
Read 7 tweets
This all started because the #MetPolice & #LBRUT couldn't do their day jobs properly & decided to take the law into their own hands. It started as a small cover up 12 years ago but has turned into British State Persecution.

#Skynews #BBCNews #DailyMail #Guardian #Euronews
My company was raided. It should have been a straightforward matter. But the #MetPolice & #LBRUT forgot to seize my computer & came back to do a 2nd raid. The search warrant didn't permit a second entry, however, #LBRUT entered unlawfully

#Guardian #Telegraph #DailyMail #GMB #UK
Complaints were then made to my MP #VinceCable. He liaised with the #Metpolice & #LBRUT. And then weeks later, the search warrant was completely changed & was passed off as the search warrant executed on the day of the raids.

#DailyPolitics #Libdems #Conservatives #labour #bbcdp
Read 147 tweets
(1/17)

The Story Behind The Countryside Living Allowance…

…or…

How I discovered a policy that could raise wages and bring about full employment…

…a thread.

#CLA
(2/17)

Minimum wage can drive marginal workers into unemployment.

Or push them into undesirable jobs with no room for professional growth.

So a policy that can promote employment AND raises wages is the Holy Grail of Economics

#fullemployment #wages
(3/17)

It all began when I was working on a project for tax and welfare reform.

My job was to investigate the revenue generating potential of Land Value Tax and the ease of avoiding payment.

#LVT
Read 17 tweets
This all started because the #MetPolice & #LBRUT couldn't do their jobs properly & then decided to take the law into their own hands. The result of this decision has led to events stranger than fiction

#BBCNews #Skynews #Itvnews #Channel4News #ThisMorning #TheresaMay #UKGov #LBC
My company was raided. It should have been a straightforward matter. But the #MetPolice & #LBRUT forgot to seize my computer & came back to do a 2nd raid. The search warrant didn't permit a second entry, however, #LBRUT entered unlawfully

#Guardian #Telegraph #DailyMail #GMB #UK
Complaints were then made to my MP #VinceCable. He liaised with the #Metpolice & #LBRUT. And then weeks later, the search warrant was completely changed & was passed off as the search warrant executed on the day of the raids.

#DailyPolitics #Libdems #Conservatives #labour #bbcdp
Read 145 tweets
Let's start our #GEMChats this week. The topic of this week is #student #entrepreneurship!

We'll discuss these three factors in the poll options below as well as replies to the poll 🧐🧐🧐 Let's take this forward!
#Students? And #entrepreneurship? Is that even a good combination?

Especially when you read that the famous student entrepreneurs like Bill Gates and Mark Zuckerberg are all dropouts!!!

Can students not only run a #business while studying but also be #successful at it?
Taking a different perspective at this is that while these billionaires are college dropouts, the #idea for the #business all came about when they were in #college! As a young #student, your ideas have a chance at being fresh and can be developed through stringent planning!
Read 12 tweets

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