Je me souviens 
For those keeping track on the US Stock market.
$1.8 trillion loss in market value today (thus far)
$5–7.5 trillion reduction in total market value since January 20, 2025. or 10-15% of it's value.
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#unemployment
9 posts9 participants0 posts today
For those saying: ‘Why the fuck should I care about the stock market crashing? It doesn’t affect me.’
Eventually it will as a your 401Ks wilt and businesses close their doors causing massive unemployment.
Continued thread
https://www.advicenow.org.uk/training
https://www.advicenow.org.uk/get-help/benefits/personal-independence-payment-pip
I used one on my second attempt to get PIP (successful)!
ICR whether it was https://www.advicenow.org.uk/get-help/benefits/personal-independence-payment-pip/pip-mandatory-reconsideration-letter-tool or any of
https://www.disabilityrightsuk.org/news/2018/january/pip-and-dla-mandatory-reconsideration-letter-tools
https://templatestoolkit.com/mandatory-reconsideration-pip-letter-template/
https://cpag.org.uk/welfare-rights/tools-templates/personal-independence-payment-tools-and-templates
https://forum.scope.org.uk/discussion/59301/pip-mr-letter-tool
www.advicenow.org.ukHelping you with life's legal problems | Advicenow
"Windsor-Essex is home to more than 52,000 manufacturing workers, according to employment non-profit Workforce Windsor-Essex – thousands of whom work in the automotive industry.
....workers are already feeling the impact."
CBC'Dumbfounded and disgusted': Canada's car capital grapples with Trump tariffs | CBC NewsA long-awaited tariff announcement from U.S. President Donald Trump on Wednesday spurred confusion and concern in Canada’s automotive capital.
Replied in thread
@carnage4life
THE ONLY WAY AN ECONOMIC DISRUPTION OF THIS MAGNITUDE MAKES ANY SENSE is if the economy had crashed (ala: The Great Depression) and we were desperate to create tens of millions of jobs.
But instead, under #Biden, #unemployment fell as low as 3.4% two years ago this month, and was still just 4.1% when he left.
We don't need to engage in desperate measures to create jobs when we were already at or near full employment. #UnnecessaryChaos #DisasterPresidency
@philbuildthefuturenow "A global tariff war reduces every country’s welfare, unemployment, and top-income inequality, whereas moving from a worldwide tariff war to free trade raises every country’s welfare, unemployment, and top-income inequality" #TradeWar #tariffs #inequality #inflation #unemployment
GOLDMAN SACHS SEES TRUMP TARIFFS SPIKING INFLATION, STUNTING GROWTH AND RAISING RECESSION RISKS
- aggressive duties from #trump to raise #inflation and unemployment and drag economic growth to a near-standstill
- “we continue to believe the risk from April 2 #tariffs is greater than many market participants have previously assumed"
- They raised its forecast for inflation this year to 3.5%, cut its #GDP outlook to just 1% and raised its #unemployment view to 4.5%
CNBCGoldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risksA broad, negative impact will be felt in the economy when the new trade moves are enacted, the Goldman economic team believes.
Does anyone remember the aftermath of the second term of the Bush/Cheney presidency? The time to start preparing has already passed. Plan now.
https://www.alternet.org/the-rich-are-worried/
#Economy #Money #Unemployment #President Musk #DOGE
Alternet.org · 'Even the rich are worried': Experts warn of 'scariest' signs amid 'stagflation' fears
Mr. Blue had an hourlong interview (!) yesterday that seemed to go pretty well. I guess we'll see. #Unemployment
On this Day in Social Security History:
#SocialSecurityat90
#StrongerTogether
" Resolved, That the General Court of Massachusetts favors the immediate enactment by Congress of suitable legislation creating a national compulsory unemployment-insurance..." F.W. Cook, Secretary of the Commonwealth of Massachusetts, in the US House of Representatives. https://www.ssa.gov/history/pdf/h416.pdf
3/27/1960 (March 27 - April 2, 1960) The sixth White House Conference on Children and Youth was held.
More: https://files.eric.ed.gov/fulltext/ED078896.pdf
3/27/1969 (March 27 & May 21, 1969) President Nixon signed the Reorganization Act. https://www.presidency.ucsb.edu/documents/statement-establishing-common-regional-boundaries-for-agencies-providing-social-and
3/27/1891 SSA awarded a communications terminal replacement contract to the Paradyne Corp. of Largo, Florida. See: The Paradyne Affair (Pg. 126) - https://www.ssa.gov/history/pdf/ota86.pdf
3/27/2006 SSA published its Disability Service Improvement initiative. https://s3-us-gov-west-1.amazonaws.com/cg-778536a2-e58c-44f1-9173-29749804ec54/uploads/2023/12/2006-HearingProcess_2006.pdf
More Social Security history: https://www.ssa.gov/history/ & #SSAHistGWC
#SocialSecurity #History #Disability #Retirement #Medicare #Unemployment #insurance #healthcare #NewDeal #OTD #SSDI #OASDI #equity #justice Social Security Administration
Job loss affects physical and #mental\health, but viewing it as a temporary setback rather than a catastrophe can help minimize health impacts. A social work professor explains: https://buff.ly/Rz0MUTm #unemployment
The ConversationLosing your job is bad for your health, but there are things you can do to minimize the harm
More from 
The Conversation U.S.
Continued thread
I predict #unemployment claims begin to rise in the second quarter, snowballing into the summer as the #Trump administration continues their flailing #blitzkrieg, drunk on the false perception of irresponsible power.
#premarket
#investing
#tarrif
#tariffs
#recession
York County economy steady but inflation a concern https://www.byteseu.com/864038/ #business #economy #Hanover #KevinSchreiber #LaborMarket #pennsylvania #unemployment #Workforce #york #YorkCounty #YorkCountyEconomicAlliance
Bytes Europe · York County economy steady but inflation a concernListen to this article York County’s economy remained steady throughout the fourth quarter of 2024, though inflation remains a concern for businesses and consumers. The State of York County’s Economy in Q4 2024 shows that the county’s labor market loosened slightly over Q4 but remains tight. Unemployment increased slightly due to the number of continued unemployment claims seen in December as compared to the previous year. “Through the first quarter, inflation remains top of mind for both consumers and businesses,” said Kevin Schreiber, president and CEO, York County Economic Alliance. “However, York County wage growth outpaced inflation over 2024. “Employers
The #JobMarket Is Frozen
#Unemployment is low, but workers aren’t quitting and businesses aren’t #hiring. What’s going on?
The answer is that two seemingly incompatible things are happening in the #job market at the same time. Even as the unemployment rate has hovered around 4 percent for more than three years, the pace of hiring has slowed to levels last seen shortly after the #GreatRecession, when the unemployment rate was nearly twice as high.
https://www.theatlantic.com/ideas/archive/2025/02/jobs-unemployment-big-freeze/681831/
https://archive.ph/Nx8G8
The Atlantic · The Job Market Is Frozen
More challenges for the #Asheville area, post-#Helene per the Citizen-Times.
The Asheville Citizen Times · Asheville-area unemployment increased in early 2025; hospitality jobs show slow return after Helene
Continued thread
pls spread this to anyone UK-based, esp if they might otherwise believe the oh-so-considerate Department for Work and Pensions' nonsense. https://www.disabilitynewsservice.com/dwp-issues-second-dodgy-press-release-in-attempt-to-trick-media-into-supporting-cuts-to-disability-benefits/
Disability News Service · DWP issues second dodgy press release in attempt to trick media into supporting cuts to disability benefitsThe Department for Work and Pensions (DWP) has issued a second misleading press release in consecutive weeks as it tries to trick the mainstream media into supporting its controversial cuts to disa…
Today in Labor History March 21, 1960: South African police opened fire on peaceful black protesters, killing 69 and wounding 180 in the Sharpeville massacre. Many were shot in the back as they fled. Thousands had been out protesting the hated pass laws, when they decided to march on the police station. The town of Sharpeville had high unemployment and poverty. Its residents had been forcibly moved there from the neighboring town of Topville in 1958. Passbooks were used by the Apartheid regime to control the movement of black residents and to enforce segregation.
From the vault: 2017
What Will Kill Neoliberalism?
https://web.archive.org/web/20170516210539/https://www.thenation.com/article/what-will-kill-neoliberalism/
