2020-05-09: News Headlines

The Commonwealth Club (2020-05-09). Celebrating 50 Years of San Francisco Pride (webinar). indybay.org Online via livestream…

WSWS (2020-05-09). Australian governments pushing workers back on the job amid pandemic. wsws.org Mass unemployment is being used as a battering ram to push financially devastated workers back into workplaces, regardless of their safety fears.

Workingclass Is The Essential Class (2020-05-09). Real Unemployment is 35.7%; The Internationale. indybay.org The real unemployment rate for April 2020 as of May 8, 2020 is 35.7% Peak unemployment during the 1930s Great Depression was 24.9%. April job losses were 20.5 million, preceded by March's job losses of 30 million. California's unemployment claims were 4 million in the past 7 weeks. San Francisco's unemployed to date are 17,500. The economic crisis preceded the pandemic which is accelerating the economic crisis of the capitalist profit motive. Only a serious labor movement capable of carrying out a general strike to abolish the profit motive can end this Great Depression of the 21st Century.

Eds. (2020-05-08). Ohio Government invites employers to secretly report "work refusal" due to coronavirus. mronline.org AS OHIO BEGINS to ease restrictions and reopen its economy, the state is inviting employers to report employees who don't show up for work out of concerns about the coronavirus for possible unemployment fraud. This means that workers who stay home because of concerns about unsafe conditions at work may be investigated and potentially stripped …

Staff (2020-05-08). Headlines for May 8, 2020. democracynow.org U.S. Coronavirus Deaths Pass 75,000 as Trump Sidelines Top Medical Experts, Trump to Be Tested for Coronavirus Daily After Valet Tests Positive, Vigil at White House Honors 88 Who Died from "Trump's Abhorrent Failure to Protect Nurses", U.S. Unemployment Claims Soar to 33.3 Million Amid Pandemic | , Democrats Promise "Rooseveltian" Coronavirus Relief Bill | , Mitch McConnell Prioritizes Judicial Confirmations as Senate Returns Amid Pandemic | , Data Shows 35 of 40 People Arrested in NY for Social Distancing Violations Are Black | , Texas Stops Jailing Lockdown Violators; Nebraska Ends Reporting on Meat Plant COVI…

Lawrence Wittner (2020-05-08). Amid the Coronavirus Pandemic, America's Billionaires Thrive and Prosper. zcomm.org Between March 18 and April 28, as nearly 30 million Americans applied for unemployment benefits, the wealth of America's 630 billionaires grew by nearly 14 percent…

Matt Sedlar (2020-05-08). Pandemic Causes Loss of 20,500,000 Jobs, Unemployment at 14.7 Percent. cepr.net Temporary layoffs make up 78.3 percent of unemployment. As expected, the April jobs report showed a catastrophic hit to the labor market stemming from the pandemic. The economy lost another 20,500,000 jobs in April after losing 870,000 jobs in March. This is an order of magnitude higher than any previous two-month decline on record. The …

Elise Gould (2020-05-08). A Waking Nightmare: Today's Jobs Report Shows 20.5 Million Jobs Lost in April. commondreams.org April's unemployment rate is still an underestimate of the actual number of unemployed workers. It would be higher if all the people who lost their jobs had actually remained in the labor force. (Photo: Witthaya Prasongsin/iStock/Getty Images) | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/views-article/thumbs/unemployment_4.jpg

Staff (2020-05-08). Pandemic Crash Shows Worker Co-ops Are More Resilient Than Traditional Business. truthout.org While we have no way to know yet the full extent of the economic fallout from the COVID-19 pandemic, by all accounts it could be as bad — if not far worse — than the 2008 crash. In fact, in terms of unemployment alone, the numbers are already staggering: more than

Shannon Jones (2020-05-08). Mass Joblessness Deepens in US as Corporations Move to Implement Permanent Layoffs. 40.6 Million Unemployed. globalresearch.ca US government figures to be released today are expected to show mass unemployment in April unlike anything seen since the Great Depression. In numbers released Wednesday, ADP Research said that US payrolls in April fell by an astounding 20,236,000, a …

Staff (2020-05-07). Headlines for May 7, 2020. democracynow.org U.S. Coronavirus Death Toll Tops 73,400 as 41 States Begin Reopening | , White House Shelves Guidelines on Reopening, as Experts Warn U.S. Failing to Stem COVID-19 Deaths, Nearly 1 in 5 U.S. Children Going Hungry as Unemployment Surges to Great Depression Levels, State Budget Cuts Loom as Trump Rails Against "Blue State Bailouts" | , United Nations Seeks $6.7 Billion for Coronavirus Aid to Poor Countries | , EU Warns Pandemic Economic Recession Will Be Worst in History | , Closing Ceremony of Spanish Coronavirus Field Hospital Marred by Tightly Packed Crowds, Venezuelan TV Airs Video of Arrested U.S. Mercenary Co…

Andrey Areshev (2020-05-07). German Government Bails Out Owners of German Corporations. strategic-culture.org Eric ZUESSE | Just as the corrupt U.S. Government is bailing out owners of U.S. corporations while the American public experiences a recession that is heading into a depression, the corrupt German Government likewise is The German Government has offered to bail out even the wealthy investors…

graham (2020-05-07). Trump economy faces long-term disaster as jobs data looms. truepublica.org.uk The staggering economic pain, perhaps the worst since the 1930s, of the American economy in the time of coronavirus will be graphically underscored in two new rounds of unemployment data that are due on Thursday and Friday. The figures will show Americans who have and will lose their livelihoods as common victims of the most cruel public health crisis …

graham (2020-05-07). Bank of England: Unemployment to double. truepublica.org.uk The Bank of England has warned the British economy could shrink by 14% this year and unemployment more than double by next spring as the coronavirus causes the deepest recession in modern history. Leaving interest rates on hold at a record low of 0.1% as the economic crisis unfolds, the central bank said economic activity across …

news.un (2020-05-06). Senior UN official calls for universal basic income to tackle growing inequality. news.un.org The COVID-19 pandemic is not only a health crisis, but it is also proving to be an economic disaster for huge numbers of people worldwide. A senior UN official with the UN Development Programme (UNDP) is calling for countries to provide citizens with a universal basic income, to help the millions who have lost their jobs, because of measures to curb the virus, combined with increasing levels of inequality.

Jeff Jurgens (2020-04-30). U.S. Organizations React to Global Military Spending Report. peaceaction.org Joint Statement: U.S. organizations react to global military spending report April 27, 2020 Our diverse group of 39 think-tanks, non-profits, faith-based organizations, and advocacy groups based in the United States find the exorbitant amount of money spent on militaries worldwide to be an irresponsible and harmful use of global wealth. The Global Military Expenditures Report …

Sarah Jaffe (2020-04-30). How Workers Can Win in the Age of COVID-19. progressive.org With thirty million people filing for unemployment, a new project helps organizers fight for the common good.

Jonathan Bate (2020-04-14). [Perspectives] The worst is not, so long as we can say "this is the worst" thelancet.com "There have been as many plagues as wars in history", the doctor observes, "yet always plagues and wars take people equally by surprise". Even after a few scattered deaths, "the danger still remained fantastically unreal." "It's impossible it should be the plague, everyone knows it has vanished from the West", says one character early in the novel, as first the rats and then the people begin to die. "Yes, everyone knew that", replies the doctor, "except the dead". The infection comes to a town that is obsessed with business, a place where the sole object seems to be the pursuit of wealth.

sputniknews (2020-05-09). US Unemployment Hits Record 14.7% in April, COVID-19 Penetrates White House Halls. sputniknews.com On this episode the The Critical Hour Dr. Wilmer Leon is joined by Dr. Linwood Tauheed, associate professor of economics at the University of Missouri-Kansas City.

Jessica Corbett, staff writer (2020-05-08). 'Most Cataclysmic' Jobs Report of Our Lifetime Shows US Unemployment Soaring to Level Not Seen Since Great Depression. commondreams.org Just a day after announcing that about 33.5 million Americans have filed jobless claims since mid-March as the coronavirus pandemic has caused lockdowns worldwide, the U.S. Department of Labor on Friday revealed the nation's official unemployment rate hit 14.7% last month—its highest level since the Great Depression. | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/headline/thumbs/unemployment_cataclysm.jpg

Julia Conley, staff writer (2020-05-08). 'About As Evil As It Gets': As State Reopens, Ohio Urges Employers to Snitch on Workers Who Stay Home Due to Covid-19 Concerns. commondreams.org Ohio officials are encouraging employers to report what they've designated "Covid-19 fraud" as the state begins reopening some industries. Workers who refuse to report to work in light of the pandemic can be reported via a government website and have their unemployment benefits taken away. | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/headline/thumbs/gettyimages-1207245537_1.jpg

Julia Conley, staff writer (2020-05-08). 'What a Rigged Economy Looks Like,' Says Sanders, as Stock Market Enjoys Best Month in 33 Years Despite 20%+ Unemployment. commondreams.org While a record 20.5 million Americans lost their jobs in April and one-third of people were unable to pay their rent or mortgage, the stock market enjoyed its strongest month since 1987. | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/headline/thumbs/picmonkey_image_6.jpg