Slip in job growth raises fear of broader relapse

[Yo_Mama_Been_Loggin]

The job market recovery from the coronavirus recession is faltering as the U.S. braces for a steep decline in fiscal support from Congress despite the burgeoning pandemic.

As the rapid spread of the novel coronavirus smothers economic activity across the U.S., two months of stellar job gains have begun to slip and lawmakers remain far apart on a new round of federal aid.

The Friday lapses of a $600 weekly boost to jobless benefits and a national eviction ban bode poorly for the growing number of Americans seeking unemployment aid.

New weekly applications for unemployment insurance increased last week for the first time since March, according to the Labor Department, and the number of employed Americans declined by 4.1 million between the first and second weeks of this month, according to weekly Census Bureau data released Thursday.

https://www.msn.com/en-us/news/politics/slip-in-job-growth-raises-fear-of-broader-relapse/ar-BB17dsqZ?li=BBnbcA1&ocid=DELLDHP

[Wellstone ruled]

1. Well,that number will be

erased by 5 fold by this time next week.

[ProfessorGAC]

2. 4 Million Folks Lose Their Jobs In A Week...

...and it raises fears of a broader relapse?
2% of the workforce loses their gig, and it's not broad?
And, some of the conclusions are tautological. Of course having 4 more million people with potentially far less $ would have negative economic impacts.
I'm just grousing about "raises fears". How could this only " raise fears"? It ought to be driving predictions of the damage about to be wrought.

[gratuitous]

3. Yeah, you lost your job, but you stayed home and took precautions

But the Republicans totally wasted all your efforts, and now, while they continue to flounder, they're done helping out the people who need it most. See, some of you might be making more than if you were working your minimum wage job, and that cannot continue. So, either starve or take your life in your hands and get back to work. By the way, Republicans want to shield employers from any liability if they don't take steps to protect you, because job creators, so they're very important. You? Sure, we'll call you "essential" workers, but we really mean "expendable."

Thanks a lot, Republicans.