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Thursday, April 16, 2020

How bad is it? Bad, really bad - Part 7

The data for new claims for unemployment insurance from last week are now out. On a seasonally-adjusted basis we have another off-the-chart preliminary figure of 5.2 million. Without seasonal adjustment, the figure was 5.0 million of which about 661,000 came from California (13.3% of the national total).

Note that the fact that someone files a claim means that he/she was successful in registering. Gov. Newsom in his news conference yesterday announced more phone operators are being added, i.e., some people have not been able to get through. (Link below.) At least one state, Kansas, made the seeming mistake of allowing comments on its website for its Dept. of Labor. You can read them - at least until someone in state government there notices and takes them down - at: [scroll down]
https://www.dol.ks.gov/home/2020/03/16/unemployment-insurance-and-covid-19-faqs
Below are a couple of the nicer ones.
{Click to enlarge and clarify.}
Let's hope California is doing better.

Gov. Newsom's news conference yesterday is at:

or direct to:
https://archive.org/details/newsom41520

His news conference of the day before in which he announced a "plan" for reopening the economy and society - but no date other than saying not soon - is at:

or direct to:
https://archive.org/details/newsom41420

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