Job-O-Caust: Six Million EU Jobs Lost in 2020

Everywhere in the world, unemployment statistics are fudged, and during this coronavirus hoax, these institutions have all the more reason to do all the more fudging.

But six million is a big number. I’ve heard since I was a little boy that six million is a really, really big number. Maybe the biggest number of all.

RT:

The coronavirus crisis has had an unprecedented impact on the EU economy, as well as the labor market and society, the European Foundation for the Improvement of Living and Working Conditions (Eurofound) said in a new report.

According to the agency, “There were 5.7 million fewer people in employment in the EU by spring 2020 than at the end of 2019,” with the jobless rate across the 27-nation bloc increasing from 6.6 percent to 6.7 percent over the same period.

In the 12 months leading up to spring 2020, EU employment declined by 2.4 percent, the weekly hours of those still working dropped by nearly one hour, and the share of workers employed but not working more than doubled to 17 percent. “By July 2020, nearly 50 percent of EU workers had moved to exclusive or partial telework, opening up new labor market gulfs as the more highly educated and those in urban areas were better placed to work from home.”

Young people experienced the sharpest decline in employment, while prime-aged workers (25-54 years old) and older male workers were most likely to see their work hours cut.

There were also significant differences in terms of working conditions between the member states, with France, Poland, Italy, and Greece hit hardest by the pandemic, according to the report.

As always, I must remind the reader: they were not hit by a pandemic, they were hit by a government lockdown in response to a pandemic that doesn’t exist.

The big problem here is not just the loss of jobs, but the fact that entire industries have been wiped out, meaning that the jobs can’t come back.

The EU, like the US, has been giving people free money to stay home. They’ve actually been giving them a lot more than the US. So the real fallout hasn’t even begun. The real fallout will not begin until governments are no longer able to keep supporting those who are out of work.

The EU already had a jobs crisis as a result of bringing in all of those untold millions of immigrants, who tend to not want to work, and tend not to be capable of working most jobs.

Those people are going to really get violent when the bottom falls out.

Poland will be sitting pretty.