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6 MILLION Americans Lost Their Jobs LAST WEEK





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The latest job report shattered records when it was reported that 6.6 million Americans lost their jobs in one wek.
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6 MILLION Americans Lost Their Jobs LAST WEEK
0:19 – We broke records when we found out 3 million Americans lost their jobs in one week, now over 6 million people lost their jobs last week
1:10 – How this pandemic turned our lives upside down
3:00 – The government is pumping trillions of dollars into the economy with quantitative easing and stimulus to help contain this financial crisis
4:10 – The world is going through a recession but how many of these layoffs are permanent
5:00 – The government and the Fed committed to printing an unlimited amount of money for unlimited quantitative easing
5:20 – If you’re still getting paid use your paycheck smartly
5:58 – If you lost your job make the best of it and use government assistance programs
7:04 – Get the most value out of your purchases by using the best cash back credit card
8:58 – Don’t panic it won’t help your health and panic selling won’t help your investment portfolio
10:05 – Invest aggressively because more millionaires are made during recessions than any other time and the stock market is on sale
11:00 – Pay down your student loans because there’s no interest being charged on student loans right now

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Video host: Jaspreet Singh

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DISCLAIMER CONT’D: I’m just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet’s opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.

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28 comments

  1. The virus is covering up the true problems with the federal reserve and the banks. The banks are broke and its because of fractional reserve banking

    Reply
  2. I mean ….quarantine is just business as usual for me. I don't like the outside. 👀

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  3. I need a "shelter-in-place credit card"

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  4. No poll? 😩

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  5. Hopefully this wake up call shows the importance of having multiple income streams and saving money. Saving money isn’t cool until it is. 🤔 We will make it through as a country.

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  6. awesome content keep it up bro

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  7. You’re the man Jaspreet 🙂 from Wales

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  8. How's that stawk market investing going….

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  9. Hey if you are in need of a job APPLY TO HOME DEPOT 👷🏽‍♂️‼️
    They are paying over time!

    Reply
  10. One of the biggest lessons we can learn from previous recessions is that once the economy recovers, some jobs return but some do not. The reason why some types of jobs are eliminated from the employee market is because most companies during recessions start to invest in technology and automation to carry on their business's without human need. This recession will not be different and many jobs will not return once things normalize. What people need to do is to invest in training and upgrading their skills to develop ECONOMIC RESILIENCE so that they don't stay unemployed once the economy recovers.

    Reply
  11. Wow! These are really scary times! Who could have seen this coming?

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  12. I can tell you that the unemployment is definitely higher, not sure by how much. However I know a lot of people that have been trying to file unemployment and the site keeps crashing for them.

    Reply
  13. 10….TEN MILLION, total… That's sad, man.
    This is judgment against America: against homosexuality, transgenderism, abortions, adultery, false teachings in Christian churches, broken homes by greed, etc.
    Pray YHWH have mercy.

    Reply
  14. That's nothing really, here in Italy it's much worse

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  15. What in the World is going on in India? You really hear nothing.

    Reply
  16. I watch you daily!!! 😍😍😍

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  17. I think that's an incredibly low estimate…..

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  18. Jaspreet's turban is always on fleek

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  19. Another reason I wake up thankful for my job. We got a bunch of overtime in fact

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  20. This video will be watched 100 years from now, hopefully they are smarter and more prepared than what we were.

    Reply
  21. It's worse than that, they probably aren't counting people like myself whose seasonal job still has some hours but bit enough to pay a bill or better yet buy a stock, and self employment income that has all but dried up😂

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  22. What on earth is coming for us…considering that 2007 crisis left 8.8 million people jobless🙊

    I know the info differs with regards to the number, but still…

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  23. No shit America is broke! This is a f**** depression there is no coming back from this.

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  24. I'm just here for the Turban and advice 🙂🤷🏾‍♀️😆

    Reply
  25. Great vid can you do one on what backup may people do so if 1 souce of income is gone we have another?

    Reply
  26. All Americans should watch your channel from the start to now

    Reply
  27. Again 😂

    Reply
  28. 1st

    Reply

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