According to Axios, the rolling six week total of jobless claims has ran over 30 million. First-time filings for unemployment insurance hit 3.84 million last week as well. I think a key to this increase overall is the government expanding the benefits eligibility for those filing.
Another point in the peace states that “economists not only expect the Q1 number to end up sharply lower but predict a second-quarter decline worse than anything the U.S. has ever seen.” Though I didn’t see a reference in the article as to which “economists” are being referred to, I would tend to believe this claim.
I’m starting to get tried of predictions and models of late, aren’t you? Obviously we need predictions and models to get some idea of how things may or may not turn out. However, here we are, in a strange crisis that no one in our life time has seen before. It seemed to have come out of left field like a heard of bulls…stomping over the team, and everyone running for the exit signs…and hoarding toilet paper.
That’s not to make light of the situation, but as I see ads exclaiming “we’re in this together”, let’s encourage each other and hope for the best. I believe we must try to encourage our brothers and sisters impacted by their job losses and the effects that come with it in this crisis, such as loneliness and isolation. Not just with words, but also with action.
I’ve been one of the fortunately ones to work from home. I’ve only known a few people that have lost their jobs. If I can be so bold, let me encourage us to be hopeful and helpful during this time! Find a neighbor or relative that needs help. Maybe you can help them financially or in another way. Does that elderly neighbor two doors down need their grass cut? Look through your list of Facebook friends, call some single folks that probably haven’t been around people in weeks? If you’re Christian or religious, what better time to examine your faith more?
So, yes these unemployment numbers continue to look scary. Who knows what things will look like when we get to the other side of this crazy train. I for one will continue to worship God as usual and in the worldly sense, will continue to find ways to improve myself and life around me. Let tomorrow worry about itself and if you need help in some way, there’s no shame in reaching out for it!