Advisory: Be careful of what you read on social media. The algorithms used by these platforms have no regard for Biblical truth. They target your emotions to keep you engaged on their site so their advertisers can drop more ads. These platforms exist to enrich their stockholders. Consider God’s promise to Believers in James 1:5, “If any of you lacks wisdom, you should ask God, who gives generously to all without finding fault, and it will be given to you.”
Designed to Make Society Suffer, They Know If They Crush That Part of Society They Will Be Able to Implement the New World Order, the Alternative Would Be FEMA Lines, Satan Soldiers Billionaire Financier George Soros Are in Full Stride…
THIS IS STRANGE: Report Shows 2020 with Lowest Number of Recorded US Deaths Since 2009
Readers may recall in mid-April, the first signs of the second round of layoffs and furloughs appeared. Then by June, high-frequency data of the U.S. economy suggested the recovery reversed as state governors were forced to pause reopenings due to increasing COVID-19 cases and deaths.
Since July, initial and continuing claims have risen, suggesting the worst employment crisis since the Great Depression of the 1930s continues to unfold.
New evidence, published Tuesday in a study by Cornell Law School Senior Fellow and Adjunct Professor, Daniel Alpert, reveals the second round of layoffs is becoming more severe as the fiscal cliff begins.
The study, conducted from July 23 to August 1, by Alpert and RIWI Corp., shows 31% of employees initially laid off or furloughed because of the virus-induced recession were just recently laid off a second time.
Here are highlights from the study titled “New Cornell-JQI-RIWI Survey Shows that the Second Wave of U.S. Layoffs and Furloughs is Well Under Way:”
- Of workers who were placed back on payrolls after being initially laid off/furloughed as a result of the COVID-19 Pandemic Crisis, 31% report that they have been laid off a second time, and another 26% of those placed back on payrolls report being told by their employer that they may be laid off again.
- 37% of respondents employed by third-party employers (i.e., not self-employed) have been laid off/furloughed – at least once – since March 1, 2020.
- 57% of those initially laid off/furloughed reported being put back on payroll sometime after their initial dismissal, but 39% of such respondents say they were put back on the payroll yet were not asked to return to actual work.
The survey revealed a disturbing trend: The second round of layoffs are happening “in states that have not been experiencing recent COVID-19 surges, relative to those in surging states.”
RIWI conducted the survey, then Alpert and his team analyzed the data. Here’s how the survey was conducted:
“RIWI randomly engaged a total of 10,719 U.S. respondents aged 16+ from July 23 to August 1 on a continuous 24/7 basis with questions to determine who held a private-sector job, which share of those were laid off, which share of those re-payrolled, and then in turn which share was laid off or told they might be laid off (see Appendix for full question and answer set, as well as other technical information). A total of 6,383 respondents fully completed the core questions,” the study said.
As the labor market falters, recovery reverses, fiscal cliff hits, and rent eviction moratorium expires, households across America will be severely pressured in August until the next round of stimulus is passed.
The biggest takeaway from the survey is that there’s no V-shaped economic recovery in the back half of the year, the Trump administration and Congress will need to pass trillions of dollars more in direct payments to tens of millions of broke Americans, or face a crash in consumption. The virus-induced recession has financially ruined the bottom 90% of households.
Alpert said “additional economic shutdowns” due to rising virus cases and deaths will exacerbate the second round of layoffs.
Wall Street is ignoring the deep economic scarring from the virus, as we’ve recently mentioned: permanent job loss now stands at nearly 3 million in June, up from 1.6 million people in February.
Putting this all together, Gary Shilling, the president of A. Gary Shilling & Co., recently told CNBC that Wall Street has misread the shape of the economic recovery, as he warns a 1930s-style decline in the stock market could be ahead.
THIS IS STRANGE: Report Shows 2020 with Lowest Number of Recorded US Deaths Since 2009
At the Beginning of the Plandemic, We Were Assured That Once Hospitals
Had Things Under Control We Could Go Back to Our Regularly Scheduled Lives, Just Another Lie to Manipulate the People…
How did we go from “flatten the COVID-19 curve” to “shut up and wear the mask – or else” in just a few short months? Back in March, we were told that lockdowns were necessary to ensure COVID-19 cases would not overwhelm hospitals and, in particular, intensive-care units. In most parts of the country, hospitals were not only not overwhelmed, many were forced to lay off nurses and other employees because elective procedures were put on hold – a move that likely cost lives as people postponed health critical screenings and avoided going to the hospital when they had chest pains for fear of catching COVID-19.
The World Is In Big Trouble, for Those That Believe We Will Go Back to Some Sense of Normal Life Here on Earth, You Will Be Sadly Disappointed, Seven and Half Years of Hell on Earth Which Began January 1, 2020
“Our courts oppose the righteous, and justice is nowhere to be found. Truth stumbles in the streets, and honesty has been outlawed” (Isa. 59:14, NLT)…We Turned Our Backs On GOD, Now We Have Been Left To Our Own Devices, Enjoy…
While Mainstream Media Continues to Push a False Narrative, Big Tech Has Keep the Truth From Coming out by Shadow Banning Conservatives, Christians, and Like-Minded People, Those Death Attributed to the Coronavirus Is a Result of Those Mentioned, They Truly Are Evil…
Watchmen does not confuse truth with consensus The Watchmen does not confuse God’s word with the word of those in power…
In police-state fashion, Big Tech took the list of accused (including this site), declared all those named guilty and promptly shadow-banned, de-platformed or de-monetized us all without coming clean about how they engineered the crushing of dissent, Now more than ever big Tech has exposed there hand engaging in devious underhanded tactics to make the sinister look saintly, one of Satan’s greatest weapons happens to be deceit…
The accumulating death toll from Covid-19 can be seen minute-by-minute on cable news channels. But there’s another death toll few seem to care much about: the number of poverty-related deaths being set in motion by deliberately plunging millions of Americans into poverty and despair.
American health care, as we call it today, and for all its high-tech miracles, has evolved into one of the most atrocious rackets the world has ever seen. By racket, I mean an enterprise organized explicitly to make money dishonestly.
All the official reassurances won’t be worth a bucket of warm spit. The Globals are behind the CoronaVirus, It Is a Man-Made Bioweapon.
For those of you who care, Google and your favorite social media platforms have misled you, and now we all pay a heavy price for trusting the ungodly, Google and company, They knew exactly what they were doing, removing our history while preparing you to accept the New World Order playbook, Enjoy.
December 1, 2023 There has been a continued conflict calling about the need for the Separation of State and Church for a long time in…Read More
Watchman: Account Exposing the Obscene Books Libraries Give Kids Is Throttled by Satan Soldier Musk AKA (X) TWITTER. Musk Is a Demon, and if You’re on His Platform, You’re a Part of the Demonic Illness. Satan’s Platform, Manned by Satan’s Soldiers
HNewsWire: X, formerly known as Twitter, began to censor posts from the American Accountability Foundation (AAF) last week for exposing some of the content the…Read More
Watchman: Henry Kissinger Had a Significant Impact on Our Foreign Policy. His Transactional, Value-Free Attitude Included Backing for Violent and Genocidal Foreign Dictators. The World Is a Safer Place Now—Let the Dead Bury the Dead
HNewsWire: ‘Amoral vision’ For half of his very long life, Henry Kissinger – who died yesterday at 100 – exerted a profound influence on U.S.…Read More
Throughout the Old Testament the Prophets Were Called God’s Servants. In Jesus’ Day, the Disciples That Followed a Teacher Served Their Leader Like a Servant
John 15:15-17 15 I no longer call you servants, because a servant does not know his master’s business. Instead, I have called you friends, for…Read More
SRH: We Have Some Representative In Our Corner. HNewsWire: AUSTIN – Texas Attorney General Ken Paxton has sued Pfizer, Inc., for unlawfully misrepresenting the effectiveness…Read More
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