Paul Krugman

@paulkrugman ↗

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Last Checked June 4, 2021

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Thu Apr 30 19:18:41 +0000 2020

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Paul Krugman @paulkrugman

On the other hand, if we look at *continued* claims — people actually getting benefits — the relationship goes the other way, with UI understating true unemployment 7/ https://t.co/vJWQNlaJjy — PolitiTweet.org

Posted April 30, 2020 Hibernated

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Paul Krugman @paulkrugman

I've been talking to people about this, and one answer may be that people apply multiple times after being rejected or failing to get an answer. Not sure about whether that's right. But some reason to doubt the 30 M job loss figure 6/ — PolitiTweet.org

Posted April 30, 2020 Hibernated

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Paul Krugman @paulkrugman

And continued claims are up by 16M, which is surely an underestimate. So true rise in unemployment somewhere in between. Split the difference and it's 24M, which is 15% of the labor force, implying an unemployment rate of something like 18% 8/ https://t.co/ZMOXPSXlpU — PolitiTweet.org

Posted April 30, 2020 Hibernated