A decade of job growth vanishes in less than a month

[perugu_vada]

https://apple.news/ArI2nwvDiQLa_2kdqxT2UyQ
 

Under Mr. Obama and Mr. Trump, the economy had added about 18.3 million jobs. Over the last three weeks, the economy has suffered 16.8 million layoffs, according to High Frequency Economics.
 

 

[testuser123]

But people get jobs back if virus spread stops

[LazyRohit]

Temporary halt

[TOM_BHAYYA]

No one vanished These many jobs like I do - trump

 

[VictoryTDP]

The jobs will be back

[Ford_Abbai]

They will be back

 

But restaurants, strip clubs gone case

[Vaampire]

Restaurants, hotels, uber, lfyt, airlines, etc areas lo effect untadi next 2-3 yrs.

migithavi 3-6 months lo normal

[karthik25]

2 minutes ago, Ford_Abbai said:

They will be back

 

But restaurants, strip clubs gone case

Restaurants kuda na? I feel they will just take more time to be back compared to others.. especially considering the American mindsets.

[bhaigan]

10 minutes ago, perugu_vada said:

https://apple.news/ArI2nwvDiQLa_2kdqxT2UyQ
 

Under Mr. Obama and Mr. Trump, the economy had added about 18.3 million jobs. Over the last three weeks, the economy has suffered 16.8 million layoffs, according to High Frequency Economics.
 

 

That is what recession is all about 

[karthik25]

Tourism will be worst hit. 

[bhaigan]

9 minutes ago, testuser123 said:

But people get jobs back if virus spread stops

can you stop the spread of the virus ?

[Vaampire]

11 minutes ago, TOM_BHAYYA said:

No one vanished These many jobs like I do - trump

 

Y blame trump for everything.

he has the guts to warn WHO, China & india to an extent.

Obama gaadu undi untey who, china ni okka maata anevaadu kaadhu

[JambaKrantu]

8 minutes ago, Ford_Abbai said:

They will be back

 

But restaurants, strip clubs gone case

year end or spring Vaccine vachaka will get back to normal

[VictoryTDP]

3 minutes ago, bhaigan said:

That is what recession is all about 

There is no recession bruh, these are temporary job losses

[DummyVariable]

8 minutes ago, Vaampire said:

Restaurants, hotels, uber, lfyt, airlines, etc areas lo effect untadi next 2-3 yrs.

migithavi 3-6 months lo normal

I doubt uber will be impacted. Was in NYC metropolitan area yesterday and it was running freely. Yes, the number of people taking it reduced but that is thought to be temporary. May be by end of May there will be more action.