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» States that ended COVID unemployment benefits see no boost in job growth
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post 1647367913 09-19-2021, 05:23 PM
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States that ended COVID unemployment benefits see no boost in job growth

States that ended federal unemployment benefits earlier this summer saw August job growth at less than half the rate of states that retained the benefits, according to new data released Friday by the Bureau of Labor Statistics.

Why it matters:Leaders in the largely Republican-led states had insisted that the benefits were discouraging people from work, and ended the assistance program early ahead of its planned expiration on Sept. 6.

The benefits, which came in the form of weekly $300 payments, had been in place since spring last year to help families through the pandemic.

A growing group of states began ending the benefits in June in what they called an effort to incentivize people to return to the workforce.

What they're saying: "Economists analyzing the unemployment issue have seen little evidence yet that cutting off the benefits has provided a clear boost to local labor markets, in part because of difficulties separating the influence of the payments from larger shifts in the labor force, or of the potentially offsetting damage done by the pandemic," Reuters writes.

Worth noting: When jobs are hard to fill, a broader worker awakening over the past year is part of the reason, Axios' Hope King writes.

Workers across sectors are realizing they are now more empowered than ever.
https://www.axios.com/covid-unemploy...8cefee424.html
post 1647368703 09-19-2021, 05:33 PM
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As long as the "free" money stopped flowing its all good.

Fuk leeches.


Goodbye Pat
post 1647369123 09-19-2021, 05:40 PM
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Workers across sectors are realizing they are now more empowered than ever.


Yes they can empower themselves to stay poor.
Carpe Diem, BABY
post 1647369153 09-19-2021, 05:41 PM
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Oh Patricia, can't wait to see your reaction when the mortgage/eviction Moratorium ends, and millions face eviction.

Who will you blame?

And how long should the unemployment benefits last?
post 1647369693 09-19-2021, 05:48 PM
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First off, let’s use the Reuters article it’s cliff citing.

https://www.reuters.com/business/ami...source=twitter



Now op- I’m gonna give you just a bit of time to read this and find the major flaw in want your are trying to insinuate here….



Gonna give you a chance to not look like a potato.



It’s pretty simple



And the entire implied premise from you op, and article, is false.
post 1647370353 09-19-2021, 05:58 PM
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Originally Posted By gachase21
First off, let’s use the Reuters article it’s cliff citing.

https://www.reuters.com/business/ami...source=twitter



Now op- I’m gonna give you just a bit of time to read this and find the major flaw in want your are trying to insinuate here….



Gonna give you a chance to not look like a potato.



It’s pretty simple



And the entire implied premise from you op, and article, is false.
Look like a potato?... like red states who ended the unemployment benefits early?

Why do they hate job growth?
post 1647370463 09-19-2021, 05:59 PM
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This right here.
Originally Posted By AlwaysFocus
As long as the "free" money stopped flowing its all good.

Fuk leeches.


Goodbye Pat
post 1647370473 09-19-2021, 05:59 PM
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Who cares, f*ck ‘em.

Go to work.
post 1647370663 09-19-2021, 06:02 PM
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Originally Posted By NYPat
Look like a potato?... like red states who ended the unemployment benefits early?

Why do they hate job growth?
Yes


And yes they exceeded job growth ending unemployment more than ones that didn’t.


Now go re read and find the obvious flaw
post 1647370753 09-19-2021, 06:03 PM
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Originally Posted By NYPat
Look like a potato?... like red states who ended the unemployment benefits early?

Why do they hate job growth?
What do you have against them ending it early?

I seriously can't wait for the millions and millions of evictions to begin. Are you and your mommy at risk of being homeless?
post 1647371243 09-19-2021, 06:11 PM
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At least they aren't spending 600/wk for people to be bums. Yeah so they aren't out spending 600 foolishly which doesn't help the economy but you have to understand that you can't do that. If you don't understand that then why aren't you advocating for 600/wk for everyone, even if you are employed?
post 1647371503 09-19-2021, 06:15 PM
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Originally Posted By gachase21
Yes


And yes they exceeded job growth ending unemployment more than ones that didn’t.


Now go re read and find the obvious flaw
Oooff. Poor Pat better head back to incell echo chamber for more fake news
Toxic Masculinity
post 1647371573 09-19-2021, 06:15 PM
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Politico, not a GOP friendly conservative news site…

post 1647371693 09-19-2021, 06:18 PM
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Originally Posted By gachase21
And yes they exceeded job growth ending unemployment more than ones that didn’t.
From the article:
States that ended federal unemployment benefits earlier this summer saw August job growth at less than half the rate of states that retained the benefits, according to new data released Friday by the Bureau of Labor Statistics.
post 1647372393 09-19-2021, 06:27 PM
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Originally Posted By NYPat
From the article:
Saw August jobs growth
post 1647372503 09-19-2021, 06:29 PM
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Originally Posted By NYPat
From the article:

States that ended federal unemployment benefits earlier this summer saw August job growth at less than half the rate of states that retained the benefits, according to new data released Friday by the Bureau of Labor Statistics.
Well obviously you tool, by Aug the red-States had recovered, and the blue-State deadbeats were scrambling to get jobs before the free money dried up

post 1647372513 09-19-2021, 06:30 PM
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But how high was the drop in payments to piece of **** lazy phucks?

I don't care if cutting benefits cost more somehow as long as I don't have to pay wincel to sit in his basement ****posting
post 1647372573 09-19-2021, 06:30 PM
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Originally Posted By gachase21
Saw August jobs growth
..at less than half the rate of states that retained the benefits.
post 1647372633 09-19-2021, 06:31 PM
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Originally Posted By jfloycp
Politico, not a GOP friendly conservative news site…

Pat won’t like that
post 1647372793 09-19-2021, 06:33 PM
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lmfao


Pha66ot time liberal rainbow haired op on suicide watch(again)
post 1647372973 09-19-2021, 06:36 PM
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Originally Posted By gun-G
Workers across sectors are realizing they are now more empowered than ever.


Yes they can empower themselves to stay poor.
The thing is; making anything under 100k a year is poor now. 100k is the minimum benchmark.

So what’s the difference between making 40k a year and 0k a year

Roughly the same quality of life. Live in the same area of town. One requires you to cuck on everything you hold sacred while committing 40% of your entire time on earth to some CEO who is doing lines off hookers asses on his yacht.

It’s over for CEOcells and GOVcells. I will not earn a taxable wage likely ever again after these last two years And there are many like me.
post 1647372983 09-19-2021, 06:36 PM
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Nypatty needs her unemployment money to pay for the surgery she had back in August.
post 1647373403 09-19-2021, 06:41 PM
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Originally Posted By NYPat
..at less than half the rate of states that retained the benefits.
It’s almost funny at this point you still don’t get it


Another paragraph from the article
Goldman Sachs analysts, looking at individual level data, have found that the end of the payments did increase the probability of someone moving from unemployment to a job, and expect the national expiration of the extra unemployment insurance to lead to the addition of an extra 1.3 million jobs by the end of the year.
Now that you have just August figure it out…


Go back and get the cumulative 3 month since the states the ended unemployment, and maybe even 1 month prior for the anticipation side.


Then make sure your using apples to apples seasonal adjusted and regular by 2 comparisons.


Gotta be month to month also - not yoy to be a legit comparison for this parameter.




Also for the entire cumulative total - use the same month by month archived bls data- not the the independent private payroll data from obscure payroll processor the msnbc used on one of their recent videos segments.
post 1647373603 09-19-2021, 06:46 PM
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People don't want to work. Jobs are there. Trump's fault?
Helping one person may not change the world, but it could change the world for one person.
post 1647373693 09-19-2021, 06:47 PM
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Post deleted by user
Original Ruckus
post 1647373773 09-19-2021, 06:48 PM
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Originally Posted By gachase21
It’s almost funny at this point you still don’t get it


Another paragraph from the article




Now that you have just August figure it out…


Go back and get the cumulative 3 month since the states the ended unemployment, and maybe even 1 month prior for the anticipation side.


Then make sure your using apples to apples seasonal adjusted and regular by 2 comparisons.


Gotta be month to month also - not yoy to be a legit comparison for this parameter.




Also for the entire cumulative total - use the same month by month archived bls data- not the the independent private payroll data from obscure payroll processor the msnbc used on one of their recent videos segments.
Lmao I don't get it..

The reality is covid kicked Florida and Texas' asses, while states that had mask mandates and continued the benefits doubled their job growth.
post 1647374143 09-19-2021, 06:53 PM
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Originally Posted By soaponarope1
But how high was the drop in payments to piece of **** lazy phucks?

I don't care if cutting benefits cost more somehow as long as I don't have to pay wincel to sit in his basement ****posting
Pearlie White Active Remineralization Toothpaste - Fluoride Free (3.8oz, 110gm) - Remineralizing Toothpaste for Tooth Enamel Repair | Contains Hydroxyapatite and Xylitol (1)https://www.amazon.com/dp/B018GCBZ5C...GKHQJW7CFEQV8A
post 1647374293 09-19-2021, 06:55 PM
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What’s even funnier about axioz’s attempted way to present the article their citing , from a study of sub cited


Is the complete disregard to mention the anticipations employment that happens from the states where the population those are benefits are about to end, as we saw in the gop ones may and June


Just lol at the intellectual dishonesty I’m not comparing the cumulative totals.
post 1647374553 09-19-2021, 06:59 PM
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Originally Posted By gachase21
What’s even funnier about axioz’s attempted way to present the article their citing , from a study of sub cited


Is the complete disregard to mention the anticipations employment that happens from the states where the population those are benefits are about to end, as we saw in the gop ones may and June


Just lol at the intellectual dishonesty I’m not comparing the cumulative totals.
So a state like Florida would expect to see unemployment go down after they stopped the benefits in June right?

https://www.ncsl.org/research/labor-...nt-update.aspx
post 1647378683 09-19-2021, 08:02 PM
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Originally Posted By NYPat
Lmao I don't get it..

The reality is covid kicked Florida and Texas' asses, while states that had mask mandates and continued the benefits doubled their job growth.
Lemme hold your hand, and help slowly walk you through this….


First off- if you decide to compline the archived data I mentioned- make sure and use by states that ended it with gop governors - that isn’t your typical red/blue state -comparison- as some very blue states have gop governors , and some traditional red states have dnc governors that didn’t.


State by state unemployment ended beginning in June for many, and July for some.

There was a few indications of employment anticipation knowing this was happening in May in the states by comparison to ones that didn’t.

Then in June and July the comparison isn’t even close….


You go back to when unemployment ended -you compile all the data for each month - and then you compare to the ones that didn’t end unemployment for the same three months compiled.



By August many have plateaued, and some of the DNC ones began the anticipation of it ending hires.


when you look at the combined numbers and you see how much more jobs added happened in the GOP governor states- you can understand why the article ended up with that paragraph from the study.


Again from the article …..
Goldman Sachs analysts, looking at individual level data, have found that the end of the payments did increase the probability of someone moving from unemployment to a job, and expect the national expiration of the extra unemployment insurance to lead to the addition of an extra 1.3 million jobs by the end of the year.
Now as far as your next post if you want to start individualizing states that’s another conversation


And if you start to want to look at seasonally exhausted and tourism trends in the same states by comparison to normal seasonal trends in the same tourism state by moth that’s also another discussion.


And if you want to individual a state that uses out of state employment..


Then look at the rate instead of the balance as well as consideration of entering and exiting the workforce….




That convo won’t end well for you.
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