Sat
Mar 28 2020
09:23 am
By: bizgrrl
The Department of Labor reported on Thursday that 3.28 million people filed for unemployment insurance last week, confirming that the economy is rapidly transitioning from strong activity to an unwelcome hibernation because of the coronavirus.
...
It’s an economic hurricane, not a typical recession.
Perhaps a better analogy for the current downturn is not past recessions, but rather a natural disaster like Hurricane Katrina in 2005. Like the coronavirus, it caused an almost immediate shutdown of one economic region.
Unemployment claims (population in millions) -
Tennessee - 39,096 (6.79)
Kentucky - 48,847 (4.47)
Georgia - 11,746 (10.617)
Alabama - 9,490 (4.9)
North Carolina - 93,587 (10.49)
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Discussing:
- Georgia issues burn ban, first time in state history (2 replies)
- State of TN proposes exempting voucher students from standardized testing (1 reply)
- Feds indict civil rights group (2 replies)
- UAE asks for financial assistance? (1 reply)
- Are our deployed military going hungry? (1 reply)
- Tennessee passes bill to restrict college students' protests (1 reply)
- Inflation up, gas up, food up, consumer sentiment lowest ever (1 reply)
- Some AI uses are "outside the bounds of safe/reliable technology" (2 replies)
- A Letter to the U.S. Congress (1 reply)
- President: we can't take care of daycare, Medicare, Medicaid (1 reply)
- U.S. House Democratic Leadership says to Stop the Madness (1 reply)
- Am I missing something? (1 reply)
TN Progressive
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- Maryville Arts Walk - 3rd Thursday - today thru Oct. 15 (BlountViews)
- Candidate for U.S. Rep., against Burchett campaigns Saturday, 4/18/2026, Blount County (BlountViews)
- WATCH THIS SPACE. (Left Wing Cracker)
- America As It Is Right Now (RoaneViews)
- A friend sent this: From Captain McElwee's Tall Tales of Roane County (RoaneViews)
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- (Whitescreek Journal)
- My choices in the August election (Left Wing Cracker)
- July 4, 2024 - aka The Twilight Zone (Joe Powell)
TN Politics
- Suspect in Washington press dinner shooting charged with attempting to assassinate Trump (TN Lookout)
- Ogles visit to Belmont University stirs discord over anti-Muslim comments, DEI (TN Lookout)
- US Supreme Court to hear case on legal status of more than 350,000 Haitians and Syrians (TN Lookout)
- Cash for Clout database: Who’s funding Tennessee’s politics? (TN Lookout)
- Time for a change? Nashville Mayor Freddie O’Connell’s challenge in final year of his term (TN Lookout)
- Trump: Suspect in Washington press dinner shooting created a ‘manifesto’ for attack (TN Lookout)
Knox TN Today
- Absalom Rutherford: He had gray eyes (Knox TN Today)
- Oakwood: C. B. Atkin’s lasting legacy (Knox TN Today)
- The Miracles from the Gulf after Katrina: Part II (Knox TN Today)
- Common morning habits that actually ruin our sleep (Knox TN Today)
- Knox County students at Maryville College rack up the awards (Knox TN Today)
- Above & Beyond: Ijams River Rescue (Knox TN Today)
- 4/28 HEADLINES: News and events from the World, the USA, Tennessee, Knox & Historic Notes (Knox TN Today)
- Hooked on giving back (Knox TN Today)
- Wallace celebrates with staff appreciation (Knox TN Today)
- Jermod McCoy: Sad setback cost $20 million (Knox TN Today)
- The Miracles from the Gulf after Katrina: Part I (Knox TN Today)
- KPD’s Caleb Bailey: Leader is a word he & his boss use (Knox TN Today)
Local TV News
- Richard L. Bean sues Knox County, officials over juvenile center resignation (WATE)
- Knoxville's $200M Western Heights revitalization reaches Phase 4 milestone (WATE)
- Monroe County woman found safe after TBI Silver Alert (WATE)
- Suspect charged in Blount County deputy's fatal crash expected to plead guilty (WATE)
- Kingston nonprofit donates over $1 million to charities in Roane County (WATE)
- Knoxville scout among rare few to earn all three of Scouting America’s highest awards (WATE)
News Sentinel
State News
- Newell, Tucker deliver in clutch to help Ooltewah rally late - Chattanooga Times Free Press (Times Free Press)
- Ocoee River rafting incident claims Cleveland man’s life - Chattanooga Times Free Press (Times Free Press)
- Mary Fortune: Bob Dylan took my iPhone and I liked it - Chattanooga Times Free Press (Times Free Press)
- Deadly crash on I-24 kills two in Chattanooga - Chattanooga Times Free Press (Times Free Press)
Wire Reports
- Trump wants a correspondents’ dinner redo. Critics aren’t convinced. - The Washington Post (US News)
- Supreme Court considers blocking lawsuits alleging weed killer causes cancer - The Washington Post (Business)
- Meta Is Preparing to Have to Undo Its Manus Acquisition After China Ban - WSJ (Business)
- In pictures: King Charles and Queen Camilla begin US state visit - BBC (US News)
- Some Musk v. Altman Jurors Don't Like Elon Musk - WIRED (Business)
- Brother of suspect in deaths of 2 Tampa doctoral students: "We tried to warn police in the past" - CBS News (US News)
- Trump administration pays wind developer to walk away from California offshore lease - Los Angeles Times (Business)
- Asia-Pacific markets trade mixed as investors assess latest U.S.-Iran signals - CNBC (Business)
- DeSantis unveils gerrymandered Florida map as redistricting war rages - Axios (US News)
- Budget Airlines Ask Trump Administration for Billions as Fuel Costs Rise - The New York Times (Business)
- Disney CEO faces his first big Trump test as Jimmy Kimmel prepares to address controversy - CNN (US News)
- Paramount-Warner Bros. Discovery Will Be 38.5% Owned by Middle Eastern Funds Following Close: Filing - Variety (Business)
- Judge Delays Order to Force Penn to Turn Over List of Jews to Trump Administration - The New York Times (US News)
- Virginia High Court Weighs Legality of Congressional Map Approved Last Week - The New York Times (US News)
- Domino's Pizza stock falls on disappointing sales — and CEO thinks more chains will follow - CNBC (Business)
Local Media
Lost Medicaid Funding
To date, the failure to expand Medicaid/TennCare has cost the State of Tennessee ? in lost federal funding. (Source)
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