By Associated Press – Re-Blogged From Headline Wealth
Nearly 3.3 million Americans applied for unemployment benefits last week — almost five times the previous record set in 1982 — amid a widespread economic shutdown caused by the coronavirus.
The surge in weekly applications was a stunning reflection of the damage the viral outbreak is inflicting on the economy. Filings for unemployment aid generally reflect the pace of layoffs.
Layoffs are sure to accelerate as the U.S. economy sinks into a recession. Revenue has collapsed at restaurants, hotels, movie theaters, gyms and airlines. Auto sales are plummeting, and car makers have closed factories. Most such employers face loan payments and other fixed costs, so they’re cutting jobs to save money.
Or at least some evidence…
Guest rebuttal by David Middleton – Re-Blogged From WUWT
From the Hartford Courant:
Climate change was behind this summer’s extreme weather
By Michael E. Mann
November 3, 2018
Summer 2018 saw an unprecedented spate of extreme floods, droughts, heat waves and wildfires break out across North America, Europe and Asia. The scenes played out on our television screens and in our social media feeds. This is, as I stated at the time, the face of climate change. It’s not rocket science.