topic Re: Unemployment On The Rise Due To Closures in Community Chat

Unemployment On The Rise Due To Closures

elated — Wed, 18 Mar 2020 04:26:37 GMT

I live in Colorado and the News stated that 7,000 people have applied for unemployment. Many more could not get through on the website. Many people in the service industry live pay check to pay check. This shuttering of restaurants and bars is causing hardship. We are living in a ****** if you do and ****** if you don't environment.

Re: Unemployment On The Rise Due To Closures

shoekitty — Wed, 18 Mar 2020 05:29:14 GMT

Yes, it was reported today unemployment will reach 20%. I feel the numbers will reduce when bars and restaurants reopen. Sadly, there will be those businesses who will not make it through. Or borrow too much to get through, the find they cannot keep up payments.

Re: Unemployment On The Rise Due To Closures

Dorothy11 — Wed, 18 Mar 2020 10:00:47 GMT

This is a scary situation. Experts are now talking months of social distancing. The serivce industry layoffs just starting to take place will ripple through the rest of the economy quickly. My husband's place of employemnt just laid off 90% of their workers as they had to close most locations. A few managers are kept on. My husband accepted a 65% pay cut, as there are no other options out there. Our economy is based on consumer sales and this is quickly going to put us into a depression. Everyone try to stay healthy.

Re: Unemployment On The Rise Due To Closures

BrandiDavis — Wed, 18 Mar 2020 11:00:39 GMT

Unfortunately it will continue to rise. I guess on the bright side of things, at least there IS some help available to people.

Re: Unemployment On The Rise Due To Closures

Laura14 — Wed, 18 Mar 2020 11:19:48 GMT

I just heard this morning that my employer may be shutting down completely.

I will probably still be able to get in and clock in and out and work from home but I am considering myself extremely lucky to be able to earn something while we are all on lockdown.

Re: Unemployment On The Rise Due To Closures

Isobel Archer — Wed, 18 Mar 2020 13:36:56 GMT

This is what I've been saying. This panic is going to hurt a lot more people than the virus likely will. Yes yes I know millions will die.

However, if they don't and it ends up being far less than flu or even H1N1 - and we end up in a depression, then this will have been an unnessessary tragedy and the ones who caused it will just go on their way.

And the economy was doing so well and unemployment was the lowest in a very long time. Hmmmmm.

Re: Unemployment On The Rise Due To Closures

SharkE — Wed, 18 Mar 2020 13:55:50 GMT

Hopefully they will get on the ball and send out those economic stimulus checks then hopefully people will spend them wisely.

Re: Unemployment On The Rise Due To Closures

Anonymous — Wed, 18 Mar 2020 13:59:52 GMT

This post has been removed by QVC because it is baiting

Re: Unemployment On The Rise Due To Closures

KarenQVC — Thu, 19 Mar 2020 02:38:57 GMT

@SharkE Even if people spend the checks unwisely it will help the stores.

Re: Unemployment On The Rise Due To Closures

Drythe — Thu, 19 Mar 2020 02:42:41 GMT

@Isobel Archer wrote:
This is what I've been saying. This panic is going to hurt a lot more people than the virus likely will. Yes yes I know millions will die.

However, if they don't and it ends up being far less than flu or even H1N1 - and we end up in a depression, then this will have been an unnessessary tragedy and the ones who caused it will just go on their way.

And the economy was doing so well and unemployment was the lowest in a very long time. Hmmmmm.

~~~

Re: Unemployment On The Rise Due To Closures

Carmie — Thu, 19 Mar 2020 02:48:49 GMT

My youngest son joined us for dinner tonight. He said he has to go in to work tomorrow until 12 noon. The company is shutting sown after that and everyone is being laid off.

He does heating, plumbing and air conditioning. So, I guess if you have heating and cooling problems, you're on your own.

Re: Unemployment On The Rise Due To Closures

shoekitty — Thu, 19 Mar 2020 04:13:07 GMT

@Dorothy11 wrote:
This is a scary situation. Experts are now talking months of social distancing. The serivce industry layoffs just starting to take place will ripple through the rest of the economy quickly. My husband's place of employemnt just laid off 90% of their workers as they had to close most locations. A few managers are kept on. My husband accepted a 65% pay cut, as there are no other options out there. Our economy is based on consumer sales and this is quickly going to put us into a depression. Everyone try to stay healthy.

Shoekitty said. Oh my such a pay cut. ((((Hugs))))

Re: Unemployment On The Rise Due To Closures

shoekitty — Thu, 19 Mar 2020 04:25:46 GMT

@Carmie wrote:
My youngest son joined us for dinner tonight. He said he has to go in to work tomorrow until 12 noon. The company is shutting sown after that and everyone is being laid off.

He does heating, plumbing and air conditioning. So, I guess if you have heating and cooling problems, you're on your own.

Shoekitty said: parents and grandparents have an extra burden. It's hard. I got an email from our heating cooling company today, they are diamond rated, been around since 1967. They reduced costs on items. But I imagine it will be way too hard. When business, new homes are halted and people don't work, business will be low. We had a new heating/ cooling system put in 2 years. But if we didn't. I would jump at tech ace to save 20%! Omg, our whole system with removal of 55 year old asbestos system was 21,000. They explained their virus protection. If I was looking for services I think I would be comfortable with them. We do need a whole house generator, but I don't think they do that. I am not sure who does.