The number of jobless people has crossed one million in US - worrying sign?

[slapper]

I don't think it is a sign for us to worry. The US government surely knows what to do to solve the puzzle. We have been through many recessions before and people always have a way to make everything easy. When we look at every aspect, we can see that the US stock has been increased significantly for many days. Moreover, most of the top 10 US companies receive a lot of attention, which makes owners become even richer. I believe that they will be the ones who make the US economy stronger.

The vaccines are being created at the moment and governments have made orders for thousands of doses. There is no need to worry

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[Shasha80]

It is not surprising to see America having a high number of unemployed people, because the number of the spread of COVID19
in America is still the highest. So surely some companies there have reduced their employees or even some companies have gone
bankrupt due to COVID19. But I think American peoples should not panic, because the American government will definitely do
something to solve the problem this high number of unemployed. My advice is that while waiting for government assistance or
policy, American citizens should find a source income from the internet. Cryptocurrency investment or trading can be a good
alternative as a source of income.

[jrrsparkles]

It is not surprising to see America having a high number of unemployed people, because the number of the spread of COVID19
in America is still the highest. So surely some companies there have reduced their employees or even some companies have gone
bankrupt due to COVID19. But I think American peoples should not panic, because the American government will definitely do
something to solve the problem this high number of unemployed. My advice is that while waiting for government assistance or
policy, American citizens should find a source income from the internet. Cryptocurrency investment or trading can be a good
alternative as a source of income.

Government gave stimulus for the people but they didn't helped much people to get the employment opportunities and it is not possible as well.Instead of waiting start your business even if it is small try to make something out of your skills.Investing on cryptos and trading is good for someone with savings but it is not a choice of survival.

[Assface16678]

Due to this pandemic outbreak, many people are scared to go outside because they don't want to risk their lives just to earn money like you will choose money over life. Also, some of the business managers or the company owners don't want to operate right now because they are afraid about things could possibly happen what if there is an infected on their employees just for safety purposes too.

It is not surprising to see America having a high number of unemployed people, because the number of the spread of COVID19
in America is still the highest. So surely some companies there have reduced their employees or even some companies have gone
bankrupt due to COVID19. But I think American peoples should not panic, because the American government will definitely do
something to solve the problem this high number of unemployed. My advice is that while waiting for government assistance or
policy, American citizens should find a source income from the internet. Cryptocurrency investment or trading can be a good
alternative as a source of income.

Your suggestion is good but there is one thing problem due to a number of people in America there is a lack of services too they cannot give all of those family for assistance also they need to release a large number of funds and this is one of the problems right now due to slow economy some of the business can't operate the money does not calculate so they need to loan to other countries.

[bitcoinisbest]

This was bound to happen. There is nothing we could do. You would be surprised how the different companies had to close down their outlets at different places due to the pandemic crisis. Recently more than 250 pizza hut outlets were shutdown and most of the people working over there lost their jobs! Looks like the restaurants has been hit the hardest due to the pandemic. We still had to see this even after most governors tried to put economy before lives.

Across globe such smaller or medium sized companies are badly effected as they do not have much cash to burn and since production for  few months have stooped, demand has reduced drastically, so they cannot sustain to give the money to their staff etc are impacting them a lot. This is not a good sign and still we do not have any sign of vaccine yet and this means it would further have its implications in the world.

[raidarksword]

It's a worrying indeed hence with many people out of jobs in the US, it means business and companies are shutting down due to the pandemic we are  experiencing right now. Not on US alone but some countries as well are having a hard time dealing with unemployment, in fact our country as well is badly affected that many companies forced to shutdown and layoff employees due to pandemic that really made the main factor all of these problem.

[Salauddin1994]

The number of unemployed is increasing in different countries of the world except the United States. As the economy stagnates many companies are retiring because they cannot pay the minimum wage and unemployment is rising. the country is at a very poor level. many people can eliminate their unemployment by working in crypto. It will not go down with the country's economy rather investing in crypto will help improve the country’s economy.

[palle11]

But truth is that this was bound to happen. No corporation would pay you if they are not getting any profits. No government can do anything about it.

This is it , true. The US is not the only government that is into this issue. It is not a state that does miracle. Many other countries are facing this kind of problem except China that is quickly recovery in the economy. US is really supporting the citizen with some aid as Trump recently signed up $400 as weekly palliative for the people and that's a good one.

[imstillthebest]

The number of unemployed is increasing in different countries of the world except the United States. As the economy stagnates many companies are retiring because they cannot pay the minimum wage and unemployment is rising. the country is at a very poor level. many people can eliminate their unemployment by working in crypto. It will not go down with the country's economy rather investing in crypto will help improve the country’s economy.

u.s has no exception to this because if you read the title the unemployment rate is over 1 million  . 

that number is alot , youd be mistaken u.s that has a better economy because they are known with that , but that was before  . the situation changed alot now . your suggestion of getting involved in crypto can be a solution to the increasing unemployment rates  .

[Reatim]

i think its not a problem i see usa will recover easy.

Sure?Do you know how Bad US economy now?and even in the past year before this pandemic rattle the world?
So how come that this is just an easy as that to recover for US?

there is enough people who work and produce goods and services that many people dont need to got to work never the people who all ready working can make enough production to support others who dont work.

You really don't understand what you are saying,Producing Goods and service without Going to Work?how can that be?the demand for service and goods depend on the demand but who will ask for that if they don't have work to pay for?

its called socialdemocratic nation  and usa is way to scandinavian economic model  kamala harris is main socialist pusher

Man you are far from reality,World will suffer still from the effect of this Pandemic for another year of our life.

[wxxyrqa]

its called socialdemocratic nation  and usa is way to scandinavian economic model  kamala harris is main socialist pusher

Man you are far from reality,World will suffer still from the effect of this Pandemic for another year of our life.

It seems to me that the problem due to the virus will exist for at least a year, or maybe more, since the virus will not go away if people ignore quarantine. But rebuilding the economy and providing an opportunity to increase the number of jobs is even more difficult. In addition, the United States has a lot more problems because of the uprising and riot of black people, which are very often provoked by the actions of the police. In any case, the situation in the US is complicated by the pandemic, but there is also some fault of the Trump government. Perhaps after the elections, the situation will change dramatically, since the state machine should work in a completely different way.

[iyamoxjhian]

it was really hard to recover because of the effect of pandemic..Not only the recessions in the United States but it will also affects the recessions in the third world countries..Most of the investor that we have in our country came from other countries like the United States.. most of the companies that they operates here were affected too..it was reported over the news that people loss their job and now suffering on how to survive their daily needs..ofcourse , Governments can not support all of their needs.. since they were part of recessions, no other source of income especially to unskilled people..this will take longer time for us to recover and bring back the companies to operate again.

[Kong Hey Pakboy]

it was really hard to recover because of the effect of pandemic..Not only the recessions in the United States but it will also affects the recessions in the third world countries..Most of the investor that we have in our country came from other countries like the United States.. most of the companies that they operates here were affected too..it was reported over the news that people loss their job and now suffering on how to survive their daily needs..ofcourse , Governments can not support all of their needs.. since they were part of recessions, no other source of income especially to unskilled people..this will take longer time for us to recover and bring back the companies to operate again.

A lot of regular workers have suffered this Coronavirus crisis. It is the reason why online shops or online stores have increased their numbers, so they could support all of their necessities and pay their bills. But the government still demands to put tax it, whether it is a small or big business because of the recession and for them to have funds to support the needs of hospitals.

[rodskee]

The number of unemployed is increasing in different countries of the world except the United States. As the economy stagnates many companies are retiring because they cannot pay the minimum wage and unemployment is rising. the country is at a very poor level. many people can eliminate their unemployment by working in crypto. It will not go down with the country's economy rather investing in crypto will help improve the country’s economy.

u.s has no exception to this because if you read the title the unemployment rate is over 1 million  . 

Well 1 million is not that Big for US unemployment because even before Pandemic they already facing this meaning that only added volume
added from the dispatch of the effect of this pandemic to the
US and the world.

Look how many people Live in US?while comparing to other country that has loss jobs this Covid 19 attack.

that number is alot , youd be mistaken u.s that has a better economy because they are known with that , but that was before  . the situation changed alot now . your suggestion of getting involved in crypto can be a solution to the increasing unemployment rates  .

US economy is continue falling since trump is very strict in regulation thats why many companies are leaving US and
 turning to China because of low labor cost and regulation issues
And the "War trade" Trump pushing against China makes them more lowering these past years.

Hoping that Our world will be healed sooner as the Cure for this Virus is soon to be released and tested,If this comes to success then relief will
 come and living will start not for New Normal but totally Normal now.

[naikturun]

believe me other countries also experience the same thing, but the situation in my country is now a little better, I am sure Trump can overcome this.
I am not American but I believe he can handle this.
it's just that the pandemic problem is making the economic situation in America worse.

[pathapoddo]

The Covid-19 pandemic effected in almost every country of the world. USA is not outside of world, so it effected USA also. It is a very bad sign that many people have been unemployed for this. And now it's more than 1 million. That's too much for a country like USA. But as the president is Trump you can't expect anything worse than this. As he is so strict in rules and regulations many companies from outside of America is leaving the country. For that also many people loosing their job.

[MFahad]

This was bound to happen. There is nothing we could do. You would be surprised how the different companies had to close down their outlets at different places due to the pandemic crisis. Recently more than 250 pizza hut outlets were shutdown and most of the people working over there lost their jobs! Looks like the restaurants has been hit the hardest due to the pandemic. We still had to see this even after most governors tried to put economy before lives.

This is due to the covid-19. Many companies have stopped their operations and fired their employees. I think its also an opportunity for the skilled workers to find some online work and try to have their own business setup rather than dependent on others.

[Chrystora123]

This phenomenon does not only occur in the US but in almost all over the world, especially countries that have large populations, a democracy, and industrialized countries..  a major newspaper in my country alone has reported shocking data which says that more than 2 million new unemployed created in 2020.  This "PANDEMIC" has led many countries to fall into a recession, increasing unemployment and weak public purchasing power has made governments in many countries dizzy.  we all can only hope that this difficulty ends quickly..

[Twentyonepaylots]

This was bound to happen. There is nothing we could do. You would be surprised how the different companies had to close down their outlets at different places due to the pandemic crisis. Recently more than 250 pizza hut outlets were shutdown and most of the people working over there lost their jobs! Looks like the restaurants has been hit the hardest due to the pandemic. We still had to see this even after most governors tried to put economy before lives.

This is due to the covid-19. Many companies have stopped their operations and fired their employees.

You mean paused and get stand by? lmao. I've seen some small businesses closing due to the pandemic but this will not create a massive impact to ones economy. What needs to be reopen now is the huge companies who pays a lot of taxes to cover the expenses during these times.

I think its also an opportunity for the skilled workers to find some online work and try to have their own business setup rather than dependent on others.

Online job and remote works are on demand right now, this is the most effective alternative that we can rely on. But to be honest, starting a business today is great but just make sure that your product or service is appropriate.

[Sanitough]

This phenomenon does not only occur in the US but in almost all over the world, especially countries that have large populations, a democracy, and industrialized countries..  a major newspaper in my country alone has reported shocking data which says that more than 2 million new unemployed created in 2020.  This "PANDEMIC" has led many countries to fall into a recession, increasing unemployment and weak public purchasing power has made governments in many countries dizzy. 

There's a lot of limitations when the virus still living with us, and that makes our economy suffer and lots of people loss and losing their job.
It's bad year so far, though it has not ended yet but we have to prepare for a worst possible scenario that would happen overtime as long as there's no vaccine created yet. It's a new normal as they say, some will struggle, guess majority as majority of our people are just relying on their job and our government can't bail them out anymore due to lack or shortage of funds.

This is a worrying sign indeed.

we all can only hope that this difficulty ends quickly..

Only if a vaccine is release.