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Business, Economics, and Taxes: Capitalism. Yay? >=(
- Thread starter RaceBoarder
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aparch
Well-known member
Because it's a rolling four week average of claims. This takes the initial weekly volatility out of the equation. Also why there was such a discrepancy between total unemployed when this started and continuing claims.
So, if we magically all returned back to work, this number would still show high for a few weeks.
Re: Business, Economics, and Taxes: Capitalism. Yay? >=(
I believe the denominator is the #of people actively seeking work + the people employed. So more like 26.6M/150M or so. Still a high # but maybe another couple of weeks before we hit Great Depression levels.
Unemployment numbers for last week get released at 8:30ET.
To recap, Initial Jobless Claims:
April 12-19 = ??
[4.3 Rumored] Would put us at 26.6 initial claims unemployed. A quick Google search shows 128.0 Mil were employed. That would make 20.7% unemployment.
*edit* That would also wipe out all hiring gains since the 2008 economic crisis. Another Obama mark erased by Trump.
I believe the denominator is the #of people actively seeking work + the people employed. So more like 26.6M/150M or so. Still a high # but maybe another couple of weeks before we hit Great Depression levels.
aparch
Well-known member
Still close. 17.7 using 150.I believe the denominator is the #of people actively seeking work + the people employed. So more like 26.6M/150M or so. Still a high # but maybe another couple of weeks before we hit Great Depression levels.
Deutsche Gopher Fan
Registered User
Re: Business, Economics, and Taxes: Capitalism. Yay? >=(
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">January 30: Wilbur Ross on impact of coronavirus outbreak: "I don't want to talk about a victory lap... but... I think it will help to accelerate the return of jobs to North America."<br><br>26.5 million have filed for unemployment in the last five weeks alone. <a href="https://t.co/sKNhLHWlIX">pic.twitter.com/sKNhLHWlIX</a></p>— Josh Jordan (@NumbersMuncher) <a href="https://twitter.com/NumbersMuncher/status/1253302392235401217?ref_src=twsrc%5Etfw">April 23, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">January 30: Wilbur Ross on impact of coronavirus outbreak: "I don't want to talk about a victory lap... but... I think it will help to accelerate the return of jobs to North America."<br><br>26.5 million have filed for unemployment in the last five weeks alone. <a href="https://t.co/sKNhLHWlIX">pic.twitter.com/sKNhLHWlIX</a></p>— Josh Jordan (@NumbersMuncher) <a href="https://twitter.com/NumbersMuncher/status/1253302392235401217?ref_src=twsrc%5Etfw">April 23, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
aparch
Well-known member
Re: Business, Economics, and Taxes: Capitalism. Yay? >=(
Banks / Credit Card companies are silently lowering limits on customer credit cards during this pandemic.
Banks / Credit Card companies are silently lowering limits on customer credit cards during this pandemic.
rufus
rock and roller
Re: Business, Economics, and Taxes: Capitalism. Yay? >=(
<blockquote class="twitter-tweet"><p lang="und" dir="ltr"><a href="https://t.co/nl2G1NsvV8">pic.twitter.com/nl2G1NsvV8</a></p>— Steve Hoffman (@SteveHoffmanTV) <a href="https://twitter.com/SteveHoffmanTV/status/1253465223727419393?ref_src=twsrc%5Etfw">April 23, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<blockquote class="twitter-tweet"><p lang="und" dir="ltr"><a href="https://t.co/nl2G1NsvV8">pic.twitter.com/nl2G1NsvV8</a></p>— Steve Hoffman (@SteveHoffmanTV) <a href="https://twitter.com/SteveHoffmanTV/status/1253465223727419393?ref_src=twsrc%5Etfw">April 23, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
MissThundercat
Are the cis okay?
Re: Business, Economics, and Taxes: Capitalism. Yay? >=(
Did my first Instacart delivery today, and someone lowered the tip from $6 something to 2. For a delivery 20 minutes away.
Did my first Instacart delivery today, and someone lowered the tip from $6 something to 2. For a delivery 20 minutes away.
Spartanforlife4
Generic Catchy Message
Re: Business, Economics, and Taxes: Capitalism. Yay? >=(
I haven't used any of the delivery apps so I'm not very familiar with them, but is the pre-tipping there to entice someone to take your order?
If so, I'm surprised these apps don't have a lockout feature for changing tips. Unless it's a blatant mistake in entering, say >50% of the total or something, it should lock in.
I haven't used any of the delivery apps so I'm not very familiar with them, but is the pre-tipping there to entice someone to take your order?
If so, I'm surprised these apps don't have a lockout feature for changing tips. Unless it's a blatant mistake in entering, say >50% of the total or something, it should lock in.
MissThundercat
Are the cis okay?
Re: Business, Economics, and Taxes: Capitalism. Yay? >=(
At least with Door Dash, the tip comes up when I take the order and they can't change it. Instacart, they can. I saw a $50 order today and I almost took it, but thought that looked too good to be true.
At least with Door Dash, the tip comes up when I take the order and they can't change it. Instacart, they can. I saw a $50 order today and I almost took it, but thought that looked too good to be true.
RaceBoarder
Waiting for the Snow to fly...
Re: Business, Economics, and Taxes: Capitalism. Yay? >=(
Is there any way for you to leave feedback on users like there is on Lyft/Uber? Also, try networking with other drivers through Facebook or something. I'm sure there is a way to out people who are showing bit tips, but then rescinding them.
Is there any way for you to leave feedback on users like there is on Lyft/Uber? Also, try networking with other drivers through Facebook or something. I'm sure there is a way to out people who are showing bit tips, but then rescinding them.
dxmnkd316
Lucia Apologist
Re: Business, Economics, and Taxes: Capitalism. Yay? >=(
Holy ****. That’s horrific. I don’t think we’ve tipped under $15-$20. Usually 15-20% of the order. Our orders have been in the range of $100-$150. The only times we’ve tipped 15% was when the dude didn’t text us for substitutions.
We almost always leave detailed sub notes but sometimes say just “Text for subs” since we’ve gotten burned by people just subbing themselves without asking. If they sub a much higher cost thing without asking, I don’t tip the extra.
We also figured out to tip on our first order from a month-plus ago that we didn’t know how. Felt good to surprise the lady with a very hefty tip. Wish we could have sent a note apologizing.
Regardless, people are ****ing degenerates.
Holy ****. That’s horrific. I don’t think we’ve tipped under $15-$20. Usually 15-20% of the order. Our orders have been in the range of $100-$150. The only times we’ve tipped 15% was when the dude didn’t text us for substitutions.
We almost always leave detailed sub notes but sometimes say just “Text for subs” since we’ve gotten burned by people just subbing themselves without asking. If they sub a much higher cost thing without asking, I don’t tip the extra.
We also figured out to tip on our first order from a month-plus ago that we didn’t know how. Felt good to surprise the lady with a very hefty tip. Wish we could have sent a note apologizing.
Regardless, people are ****ing degenerates.
Jimjamesak
Already insane, UAA making it worse
Re: Business, Economics, and Taxes: Capitalism. Yay? >=(
Want to know what nearly unrestrained capitalism looks like?
Speculation, arbitrage, and insider trading: Inside the Magic: The Gathering trading market.
So as an avid MTG player I’ll add a few notes:
1. Wizards of the Coast (or WOTC (pronounced Watt-See) in the MTG community) never comments on anything involving the “secondary market” or sales of single cards. Why? Because if they did it’s believed they’d run into issues with gambling laws and the value of cards in the random booster packs. As far as they’re (publicly)concerned every card is worth the same.
Fun fact: In Germany you have to have a gaming license to hold any kind of Magic tournament with a cash prize. It’s why they don’t hold major tournaments there anymore despite its popularity.
2. The Reserve List is a real thing. Most of the cards on it are actually pretty crap but the playable staples on it are absurdly expensive and drive up deck prices in the older formats like Legacy and Vintage. It came about after a reprint set Chronicles heavily destroyed the value in cards and many collectors were PO’d. They’ve talk about getting rid of it, and even had a meeting with prominent sellers about it, because most players and sellers hate it but promissory estoppel worries seem to be stopping it. It’s actually why formats like the Pioneer one mentioned have come about, because they can control things with reprints and such.
3. Insider trading is almost certainly going on. WOTC is notorious for being a low paying company in the gaming industry and in the Seattle area. It would not be surprising if some employees were selling off info to speculators.
Want to know what nearly unrestrained capitalism looks like?
Speculation, arbitrage, and insider trading: Inside the Magic: The Gathering trading market.
So as an avid MTG player I’ll add a few notes:
1. Wizards of the Coast (or WOTC (pronounced Watt-See) in the MTG community) never comments on anything involving the “secondary market” or sales of single cards. Why? Because if they did it’s believed they’d run into issues with gambling laws and the value of cards in the random booster packs. As far as they’re (publicly)concerned every card is worth the same.
Fun fact: In Germany you have to have a gaming license to hold any kind of Magic tournament with a cash prize. It’s why they don’t hold major tournaments there anymore despite its popularity.
2. The Reserve List is a real thing. Most of the cards on it are actually pretty crap but the playable staples on it are absurdly expensive and drive up deck prices in the older formats like Legacy and Vintage. It came about after a reprint set Chronicles heavily destroyed the value in cards and many collectors were PO’d. They’ve talk about getting rid of it, and even had a meeting with prominent sellers about it, because most players and sellers hate it but promissory estoppel worries seem to be stopping it. It’s actually why formats like the Pioneer one mentioned have come about, because they can control things with reprints and such.
3. Insider trading is almost certainly going on. WOTC is notorious for being a low paying company in the gaming industry and in the Seattle area. It would not be surprising if some employees were selling off info to speculators.
Kepler
Cornell Big Red
mookie1995
there's a good buck in that racket.
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