Wednesday, July 29, 2020

Kansas City Remains Out Of Work And Desperately In Need Of More Free Money . . .



I guess the polite term is: Stimulus.

Local unemployment numbers from U.S. Bureau of Labor Statistics are the worst this town has ever seen in the modern era or at least since they stopped smoking during newscasts . . .

May

The unemployment rate fell to 10.8% in May. 6,600 positions were added, with only 1,500 workers entering the labor force causing the unemployment rate decrease. Nonfarm payrolls increased by 22,100. The only individual sector with significant employment changes was Leisure and Hospitality which added 11,200 positions.

June (preliminary)

The unemployment rate fell to 7.8% in June. 45,700 positions were added, with only 12,500 workers entering the labor force causing the unemployment rate decrease. Nonfarm payrolls increased by 41,800. Labor categories with significant additions include Manufacturing adding 6,100 positions, Trade, Transportation, and Utilities adding 7,700 positions, and Leisure and Hospitality adding 19,000 positions.
########

Bigger picture . . .

Second Stimulus Unemployment Update: More Than 30% Of Americans Couldn’t Last A Month Without $600 Checks

Developing . . .

22 comments:

Anonymous said...

yes, this might get hairy.

but the helicopter money of MMT now in motion could mitigate the pain to a vaccine-based recovery.

Anonymous said...

And Hallmark announces 120 being laid off today, 90 of those in Kansas City.

Anonymous said...

This is all fine with everyone in KCMO just as long as it doesn't curb smiley selfies Lucas' appearances and opportunities to pontificate on the national TV networks.
Just have to keep those priorities straight!

Anonymous said...

And yet Republicans are not willing to continue supplementing unemployment insurance. Typical but weird in an election year.

Anonymous said...

Remember unemployment numbers only count those actively looking for work. Many more have just given up.

Anonymous said...


currently, the $600 , in addition to regular unemployment bennies, means many lower paid workers making more money of the increased unemployment, than when they were working.

Pretty good excuse for millions to stay sitting on the couch, rather than looking for a job.

Repubs looking to end that scam --pay them 70%.

Super Dave said...

5:09 FTW

Anonymous said...

the big tech companies will be ok.

Byron Funkhouser said...

I know for a fact one of my tenants was a sanitation worker and earned $15 an hour, which I thought was decent money. Apparently during the pandemic, trash didn't need to be picked up, so he was deemed a non-essential employee. He told my other tenant that he was making twice as much sitting at home than he was going to a truck. I really feel sorry for him. Perhaps we should up their pay to $800 a week and extend those benefits though the end of the year so he can vacation the rest of the year. Remember:

ALL LIVES MATTER

#Trump2020

Anonymous said...

^^ Hallmark doesn't need those employees. Too busy making NEWS with the carpet muncher Christmas movie. We all have our pet projects to focus on instead of maintaining current /prior business. Hocus pocus..poof we cry.

Anonymous said...

^^^^^FTW

Anonymous said...

Their are businesses that are hiring. Go look for a job.

Anonymous said...

^^ You first SCUMBAG!

Biden for dog catcher said...

Byron, I'm glad to note you are finally beginning to make sense. I am dumbstruck to learn that you are a landlord. I always assumed you to be dependent on govt largess, but I guess I was mistaken. I will be interested in your opinion on dealing with tenants who do not pay their rent.

First time I ever thought you contributed to anything on this blog. Good for you, finally!

Anonymous said...

Wait until next year when taxes are filed. Unemployment counts as income and is taxed at the same rate as a job.

Anonymous said...

I've been to numerous focus groups at Hallmark. I'm surprised KC has even 90 employees left.

Anonymous said...

5:09: So if someone makes $2,000 a week and is laid off, they'll get $1,400?

Anonymous said...

What about when the interest payments on the debt taken to pay for the stimulus interferes with such things as SNAP, or social security, or grants to cities/states?

Anonymous said...

5:56. Thats Byrons alter ego. Byron and his disability cheating wife are waiting for OUR payments on Friday. Poor dumb Ruth Fucker is a Section 8 rockstar. He is not, never has been a landlord. He knows all about not paying rent.

Anonymous said...

^^^ And you do, Basement Boi?
Or do you still just fill your squalid days posting crap and sniffing the pair of Mommy's panties you stole out of the dirty laundry?

So tell us, "Expert On Everything", who's on First?

Bandit Darville said...

I believe the term is "All pay for no work!" Please contact Q Ball for clarification.

Grip Madlock said...

The riots will begin again when the EBT dries up