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Notice to the mayors of crowded cities

Posted by te2ataria on May 22, 2020

Sent by The Visiting Scholars Group (VSG)

Notice to the mayors of crowded cities

The overall activities of your citizens are destructive and detrimental to the health of planet Earth. 

US jobless claims: COVID-19 pandemic  has put 39 million out of work

Up to two-thirds of the entire US workforce has been adversely affected: Independent experts

Sent by Alan

US weekly jobless claims hit 2.4 million, for the week ending May 16, bringing the 9-week total to almost 39 million. That’s more than the about 37 million people that filed unemployment insurance claims during the entire Great Recession, which lasted for about 18 months.

The US economy lost a record 20.5 million jobs in April and saw the unemployment rate triple to 14.7% as business was halted and consumers were told to shelter in place to contain Covid-19 epidemic.

The worst weekly job-loss record during the great recession was about 665,000 people who filed for unemployment insurance.

The Federal Reserve Bank of St. Louis has projected that job losses would reach 47 million in the second quarter and lead to an unemployment rate of 32%.
https://www.businessinsider.com

Overcrowded cities:

Globally, about 1,200 cities have more than 500,000 inhabitants. Some 600 of the “habitats for evil” are populated by a million or more people.

However, only two-thirds of the cities are at high risk of exposure to the usual natural disasters: floods, droughts, cyclones, landslides, earthquakes, volcanic eruptions…  Blog Reader

Related links:

3 Responses to “Notice to the mayors of crowded cities”

  1. Newsthat! said

    “12,000 headline-grabbing redundancies ‘tip of the iceberg'”

    “Almost 12,000 people have been made redundant or have their jobs on the line as part of headline-grabbing restructures prompted by the Covid-19 pandemic.
    “Stuff has compiled a list of the high-profile redundancies and restructure proposals that have made news over the past two months – and there are warnings they are only the tip of the iceberg of a wave of job losses.
    “Among them are 4000 jobs gone at Air New Zealand, 1000 at Fletcher Building, 900 at Sky City, 600 at Virgin Australia, 910 at Millennium and Copthorne Hotels, 290 at Bauer and a proposed 130 at MediaWorks.
    “The latest Jobseeker data shows an extra 53,000 people have signed up for the benefit since the week of March 20. There are another 40,000 special needs grants being issued each week.”
    https://www.stuff.co.nz/business/300022327/12000-headlinegrabbing-redundancies-tip-of-the-iceberg

  2. Alan said

    “New Zealand’s big bill for ‘lockdown we didn’t need'”
    May 29 2020
    “New Zealand’s spending on welfare support, and the extent of its quantitative easing, are significantly higher as a measure of gross domestic product (GDP), than other countries that have been more affected by Covid-19, Treasury data shows.
    “Treasury’s latest Covid-19 economic dashboard shows that New Zealand has made payments in support of welfare, wages, health and tax reductions equal to 20 per cent of GDP.”
    “In Australia, welfare payments were 10 per cent of GDP and quantitative easing less than 5 per cent.”
    “In the US, welfare support is about 8 per cent of GDP, although its quantitative easing-to-GDP measure is slightly higher than New Zealand’s.”

    https://www.stuff.co.nz/business/300023771/new-zealands-big-bill-for-lockdown-we-didnt-need

  3. TruthDig said

    Coronavirus: 73 businesses fail after claiming wage subsidy
    Jun 22 2020
    A Stuff investigation found 73 companies which received a total of $7,714,311 to support 1164 employees support through the Government-funded scheme have gone into receivership or liquidation since its launch on March 17, according to the Ministry of Social Development.
    Payments ranged from $17,574 to a Foxton refrigeration manufacturer to more than $3.1m paid to homeware retailer Smiths City.
    https://www.stuff.co.nz/business/121880373/coronavirus-73-businesses-fail-after-claiming-wage-subsidy

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