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We Just Broke The Unemployment Record… AGAIN!

we-just-broke-the-unemployment-record-again



So last week, we shattered the previous record for unemployment filings in a given week. And this isn’t the kind of record you are proud of. This is like the kid in school who held the record for the most days absent.

And that number came in at 3.3 million people filing for unemployment in a given week. The previous record was 695,000 new filings in a given week in 1982. Well, we beat that by a multiple of almost 5 last week (for the week ending in March 21st).

And this week, we did it again! The labor department released numbers earlier this morning. An additional 6.6 million people filed for unemployment last week (Ending March 28th). And if you are keeping track, that is 2x the previous record set last week and 9.5x the previous record in 1982.

So in 2 weeks time, roughly 10,000,000 people filed for unemployment.

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32 Comments
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Robert Dunfee

32 Comments

  1. Ryan Scribner
    July 17, 2021 at 11:13 am

    What do you expect unemployment to peak at in 2020? Comment Below!

  2. Katie Wagner
    July 17, 2021 at 11:13 am

    I'm hoping this pandemic corrects many overly inflated markets… Housing market for one.

  3. goduskychris Chris Godusky
    July 17, 2021 at 11:13 am

    We must thank our local government for this honor

  4. Alex Mundo
    July 17, 2021 at 11:13 am

    America is starting to feel a bit 3rd worldish.

  5. Maximus Young
    July 17, 2021 at 11:13 am

    The economy is over leveraged. Please do more research before you broadcast. Your current content isn't much better than the 'head in the sand' CNBC clowns

  6. Maximus Young
    July 17, 2021 at 11:13 am

    Ryan, the economy is toast

  7. Heather
    July 17, 2021 at 11:13 am

    who knows what problems that kid in highschool had in life and is still probably a smarter and better person than you and everyone else, you shouldn't use that for a comparison example, its stupid small brained and shitty. what is more shameful than you however is the job our government is doing in handling this. Their not doing a completely bad job but even considering making it harder for the elderly to get their stimulus check is beyond horrible, at least they changed their mind, but still, beyond words. beyond words. what is also beyond words is how they are treating college students. no words. no words. so wrong. so very. very. wrong. and us poor suffering people who had it bad even before this crises are paying these people to make these horrible decisions that effect us so badly. The checks should have been out a long time ago, to everyone. With more on the way. Hopefully we'll see some correct decision making soon. I'm getting so sick of people in charge being paid by us to be the stupidest most putrid people on the planet causing problems instead of solving them. Will our government be remembered as hero's after this or shamefuls. We'll see.

  8. Bobs World Entertainment Podcast Ltd
    July 17, 2021 at 11:13 am

    Did podcast on this I like ur video

  9. sick of liberals
    July 17, 2021 at 11:13 am

    All I can say is liberals were hoping the economy would shut down in order to beat Trump in 2020 now I wonder how they like it

  10. Felix Kim
    July 17, 2021 at 11:13 am

    Buddy the economy was far from healthy going into this wtf you talking about.

  11. Gregg Lira
    July 17, 2021 at 11:13 am

    Make sure to use this time to unemployment to touch up on your resume!

  12. Todd Shaw
    July 17, 2021 at 11:13 am

    Flyover state here…..city slickers are fragile. Meanwhile, rural life has changed little. It's just strange to see everyone else social distancing. Crazy times

  13. Steve Clark
    July 17, 2021 at 11:13 am

    we can hear how happy you are over this, typical leftist

  14. Tariqslo
    July 17, 2021 at 11:13 am

    I am from the future there will be around 40 milion unemployed, it was a depression not a recession.

  15. kidbowjb
    July 17, 2021 at 11:13 am

    This number is bullshit. So many will hired back as soon as ppp loans go through

  16. MsLacy707 Macana Roxie
    July 17, 2021 at 11:13 am

    Stores are limiting customers to 5 entering at one time. Glass separations on the counters are also being built. The frustration in the air is THICK😔

  17. Tofua Lafitani
    July 17, 2021 at 11:13 am

    I want to thank you for 6 months emergency money plan. Coming in handy.💪

  18. Clap Trap
    July 17, 2021 at 11:13 am

    It's not the same as actual unemployment. It's just to get paid until this crap is over and we can return to work.
    Stop dramatizing and click baiting crap that isn't true before it's seen as a crime.

  19. Anonymous Hype
    July 17, 2021 at 11:13 am

    Wow…so this definitely will have a humongous effect on the mkt

  20. Thor Sandalwood
    July 17, 2021 at 11:13 am

    If corporations, businesses and individuals would have had savings… this 1 month shutdown would have been a mild storm. But, realize more than half of Americans couldn’t afford a $400 emergency before this “crisis.” Covid-19 was just the trigger for the instability that already existed.

  21. Thor Sandalwood
    July 17, 2021 at 11:13 am

    I don’t think the economy was that strong before covid-19. A few months ago, the FED was intervening in the overnight REPO markets. Also, the bonds were flashing recession warning months ago.

  22. Bob Owen
    July 17, 2021 at 11:13 am

    No snapback. Probably lose the empire and should.

  23. REIGREHGKJREHGER
    July 17, 2021 at 11:13 am

    why is the stock market going up then? its almost like they are celebrating these record unemployement #s

  24. Fire Blade890
    July 17, 2021 at 11:13 am

    But the Dow Jones is up

  25. Shannon Hiers
    July 17, 2021 at 11:13 am

    Why the big surprise. The country us shut down . What did you expect, most will be rehired . Also 900$ in unemployment benefits isnt bad. It is called a pandemic virus for a reason
    Ot could be much, much worse.

  26. Jonathan Ortiz
    July 17, 2021 at 11:13 am

    Love your optimism, however I for one believe it will take a long time to get back to where were economically. Lots of businesses, especially the smaller ones don't have the financials to withstand months of lost revenue. Lots of people will be needing to use the money they had aside for vacations, and leisure activities to pay for rent, and basic necessities while currently unemployed.

  27. Roman Hashon
    July 17, 2021 at 11:13 am

    Just filed today.

  28. Sean
    July 17, 2021 at 11:13 am

    Keep in mind right now you do not have to be unemployed to file a unemployment claim. You just have to have lost income due to the virus.

  29. Anonymous
    July 17, 2021 at 11:13 am

    Thanks for the update Ryan! I have the same positive outlook. As soon as the virus is gone, people go back to work… 🙂

  30. Jonathan Cociorvan
    July 17, 2021 at 11:13 am

    So interest rate cuts and the issues with the repo market in 2019 were signs of a strong economy. You learn something new every day on youtube. 🤷🏼‍♂️

  31. Run It By Me
    July 17, 2021 at 11:13 am

    Never thought I'd live to see this day!

  32. tatertots00
    July 17, 2021 at 11:13 am

    It will get to 45-50 million

    Just airports and trains alone have probably had >10 million layoffs.

    Now add stadiums, arenas, amusement parks, factories, the whole entertainment industry, department stores, theaters, hotels, freelance work, gyms, salons and barber shops, restaurants etc