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   tx.politics      Texas politics      122,019 messages   

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   Message 120,196 of 122,019   
   NoName to All   
   Super Genius status   
   30 Apr 20 21:24:02   
   
   XPost: alt.guitar.amps, alt.politics.republicans, tx.general   
   XPost: tx.guns   
   From: NoEmail@ever.com   
      
   3.8 million more Americans file for unemployment benefits: Initial   
   unemployment claims reached a seasonally adjusted total of 3.8 million   
   last week, the sixth straight week that millions of Americans filed new   
   applications as the coronavirus pandemic wreaks havoc on the economy.   
      
   The new figure brings the six-week total of new claims to more than 30   
   million, by some estimates one-fifth of the entire American workforce.   
      
   Consumer spending, the U.S. economy’s key driver, posted its steepest   
   monthly decline in records tracing back to 1959 as much economic   
   activity ceased amid the coronavirus pandemic.   
      
   The Commerce Department said consumer spending fell 7.5% in March. It   
   also said personal income fell by 2%, the largest decrease since 2013,   
   as employers started to cut payrolls and reduce workers’ hours and   
   compensation.   
      
      
   U.S. economy shrank at fastest pace since 2008. Gross domestic product   
   contracted at a rate of 4.8% in the first quarter, ending the longest   
   economic expansion on record. T   
      
      
   Coronavirus deaths in U.S. top 60,000. That number accounts for more   
   than a quarter of the 227,847 fatalities globally. In the 24 hours   
   ending at 8 p.m. Wednesday, the 2,496 deaths in the U.S. made up the   
   highest toll since April 17.   
      
      
   States were unprepared for the unemployment surge. Many have   
   benefits-processing systems that are decades old, complicating matters   
   for the record number of people applying for financial help.   
      
   Nearly 900 workers at Tyson meat plant in Indiana test positive for   
   coronavirus   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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