Reuters: Biden leads in MI, PA, and WI (user search)
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  Reuters: Biden leads in MI, PA, and WI (search mode)
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Author Topic: Reuters: Biden leads in MI, PA, and WI  (Read 2397 times)
American2020
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« on: April 23, 2020, 03:50:06 AM »

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American2020
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« Reply #1 on: April 23, 2020, 12:37:39 PM »

States that helped Trump win see biggest job losses

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Battleground states that handed Donald Trump the presidency four years ago are seeing higher-than-average layoffs amid an economic downturn wreaking havoc across the country — a dynamic that could hold major implications for November’s election.

Job losses are piling up in places like Michigan, where more than one in four workers applied for unemployment benefits in the past five weeks, according to a POLITICO analysis of Labor Department data. In Pennsylvania, another key Rust Belt state that voted for Trump in 2016, nearly one-fourth of the workforce has filed an unemployment claim since mid-March. Ohio is seeing more than 17 percent of workers filing jobless claims, outpacing the national average of 16.1 percent, as is Minnesota, a state Trump narrowly lost.

One of the only major battlegrounds seeing a lower claims rate than the national average is Wisconsin, according to the analysis, which compared claims filed to the number of employees on states’ non-farm payrolls in February. But with more than one in eight workers filing for benefits there, it’s still a dramatic rise for a state that for years boasted an unemployment rate of 3.5 percent or lower, trending below the national average.


Quote
Much will change in the six-plus months remaining before November’s presidential elections, and many Americans will be able to go back to work once businesses begin to reopen. But a heightened unemployment rate is all but certain to remain an issue in the fall, even under the rosiest of economic forecasts.

An optimistic scenario would have the economy bouncing back in the second half of the year, which is possible if businesses begin to reopen and economic activity picks up, said Heidi Shierholz, senior economist at the left-leaning Economic Policy Institute. But even then, she said the unemployment rate nationally would probably remain around 8 percent a year from now, and closer to 10 percent by the election.

“The damage that has been done to the economy is just really, really dramatic,” she said. “It’s going to take some time to get back.”


https://www.politico.com/news/2020/04/23/states-that-helped-trump-win-see-biggest-job-losses-204072
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