This MSNBC report relays the continuing huge number of people who have filed for unemployment in the last six weeks. It's Sunday, May 3rd, as I'm writing this post, this report is from last Thursday.
To put this 30 million number in perspective, in "normal" times, about 200,000 people a week fall file for unemployment. So instead of 1.2 million people filing in the last six weeks, 25 times as many people are laid off and looking to unemployment checks. There are roughly 160 million people of working age in the U.S., so 18.75% of that number have lost their jobs in just six weeks, on top of the official 3.5% (roughly 4.5 million people) that were counted as unemployed. So that's 34 1/2 million people, out of 160 million, not working right now. Yes, most of these recent layoffs are expected to be short term, but we're in a situation where everything happening is largely unexpected. There are also 7 million + more people who are unemployed, but not looking for work, but that's a whole separate issue.
So now what? Huge numbers, well beyond anything seen in most people's memory, are expected to keep being laid off, due to the Covid-19 virus pandemic. What happens now? One obvious thing is that millions of people will be looking for some other way to make some income, either temporarily, or perhaps from now on. That's what this blog is about. Finding new, and legitimate, ways to earn extra cash, find a side hustle, gig work, or start a micro business (1 person operation) or small business.
I've got a long, but not epic, head start on all these people. I was a taxi driver years ago (2000-2007), when that industry took a dive, even before Uber and Lyft entered the picture. After filling out over 140 online applications over a couple of years, with no job offers at all, I started focusing on a weird, but unique, form of artwork I do, to earn money. I've scraped by, sold a lot of drawings, but am not making a real living yet. But I've learned a lot in that process.
Yes, this post is pretty boring, but I wanted to set the tone, I'm someone who is also working on building a new way to make a living, I've had some successes, and made a lot of mistakes. I'll share what I've learned, and also share videos and ideas from people who've been successful on many different fronts, and people who have good ideas. Stay tuned, lots of ideas to come...
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