How many job losses since March 15th?

[furrowtickler]

500,000 applications today alone for the government program ...

[SASKFARMER]

Oh, it's going to get higher as the days go on. Business doesn't need the number of people they have employed. Most have a bunch of useless people doing nothing really useful. Watch some will be let go because of this.

[furrowtickler]

Oh, it's going to get higher as the days go on. Business doesn't need the number of people they have employed. Most have a bunch of useless people doing nothing really useful. Watch some will be let go because of this.

Agree , but what’s the job losses to date from March 15? Just curious, have not seen job loss data .

[Partners]

Tip of the iceberg.
Going to be a mega shit show with lots of people not needed in the future.

[blackpowder]

Waiting for the weekly Edmonton Chamber of Commerce survey. Numbers bigger I'm sure.

[farmaholic]

Tip of the iceberg.
Going to be a mega shit show with lots of people not needed in the future.

Not directed at you Partners...

But sometimes I gotta wonder if what I professed about parasites isn't going to come home to roost and become reality.

There's no way some employees were adding any value or even doing enough to cover their yearly stipend.

Abundance begets waste.... I really don't think this is going to end well.

Ag More Than Ever....LMFAO

In fact Ag will likely be one of the shining stars, with a tightly cinched belt.

I wonder what the Unifor Upgrader Troops are thinking?

Hospitality and Restaurant Industry?

Auto Industry?

Recreation and Leisure Industry?

Home Builders Associtions?

Maybe all those Industries will feel Oil & Gases pain.

I guess we'll have to do "make work" projects, like build stadiums and bypasses(Sask), build pipelines, rebuild crumbling road infrastructure, build solar panels and windmills for the clean energy green ecenomy, build processing facilities for ag commodities, re-open the east coast fishing and whaling industries, open a Q-tip factory, invent stuff, or just cryogenically freeze the unemployed until things pick up. But what happens after all those "economy forcing" projects are complete? Any that never had a long term perpetual benefit to them are truly only "bandaids".

Yikes.

[LEP]

Not directed at you Partners...

But sometimes I gotta wonder if what I professed about parasites isn't going to come home to roost and become reality.

There's no way some employees were adding any value or even doing enough to cover their yearly stipend.

Abundance begets waste.... I really don't think this is going to end well.

Ag More Than Ever....LMFAO

In fact Ag will likely be one of the shining stars, with a tightly cinched belt.

I wonder what the Unifor Upgrader Troops are thinking?

Hospitality and Restaurant Industry?

Auto Industry?

Recreation and Leisure Industry?

Home Builders Associtions?

Maybe all those Industries will feel Oil & Gases pain.

I guess we'll have to do "make work" projects, like build stadiums and bypasses(Sask), build pipelines, rebuild crumbling road infrastructure, build solar panels and windmills for the clean energy green ecenomy, build processing facilities for ag commodities, re-open the east coast fishing and whaling industries, open a Q-tip factory, invent stuff, or just cryogenically freeze the unemployed until things pick up. But what happens after all those "economy forcing" projects are complete? Any that never had a long term perpetual benefit to them are truly only "bandaids".

Yikes.

I would say it is time to look at things that are needed, water treatment plants, sewer treatment plants overpasses, twin railways you name it. These are at least things that will be used for 50 years.

I always said for small towns I don't know why there wasn't a standard design to save having it re-engineered time after time. The basic treatment is the same, maybe a large scale RO or iron filtration is required. It isn't rocket science. But every project has to have the 15 or 20% "engineering tax" added.

I know that will cause a stir because there are several engineers on here.

[Partners]

I think anyone working through this will be ok.
Ones who are layed off are not essential and could be deleted as those business might never open again.
After it's safe to go outside.
How long before the public actually does? One week? One month?
Will there be money to buy toys..cars..fancy restaurants?
Time will tell..

[furrowtickler]

Found some info ...
https://www.theglobeandmail.com/business/article-more-than-three-million-apply-for-covid-19-job-benefits-as-virus/

Other numbers seen ranged from 100,000 to 3.1 million. Huge range . Lots of uncertainty for sure.
Not good regardless.

[15444]

Feds think they will be paying $2k month for next 4 months. Maybe on 1/2 the applicants. But the other 1/2 is going to be asking for that for much, much longer, as their jobs have vanished.

Then we can start talking about business bankruptcies. Looking forward to some good liquidation sales in the future.

Ford stateside is requesting Feds to reinstate Cash for Clunkers program. Watch for some good deals later this year as GM trucks are currently outselling Ford trucks for first time in 43 years and it is very doubtful that Ford is going to let that happen without a major fight.