no one mentioned that a net 1.8M people returned to their jobs in July........I wonder why the left didn't say anything.......
963,000 workers filed new unemployment claims last week.
While claims remain historically high, it's the first time since March it's dipped below 1 million.
The Labor Department said applications fell to 963,000, the second straight drop, from 1.2 million the previous week.
The decline suggests that layoffs are slowing, though last week's figure still exceeds the pre-pandemic record of just under 700,000.
The pandemic, the shutdowns that are meant to fight it and the reluctance or inability of many people to shop, travel or eat out are continuing to weaken the economy and force companies to cut staff. Twenty-three states have paused or reversed their business re-openings.
In a hopeful sign, the rate of new confirmed viral cases has declined in the past couple of weeks, though it remains far above the rates that prevailed in May and June.
Unemployment benefits have accounted for roughly 5% of national income since April, a larger share than even Social Security.
The loss of the $600 has shrunk benefits for the average recipient by one-half to three-quarters.
https://www.wnep.com/article/news/he...2-43fd25921824
All told, fewer people are also continuing to receive state jobless aid. That figure dropped to 15.5 million, from 16.1 million the previous week.
no one mentioned that a net 1.8M people returned to their jobs in July........I wonder why the left didn't say anything.......
Isaiah 6:5
“Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”
PARTY TIME
ONE-N-DONE, YOU GOT PLAYED; Time To Play-On
Remember ... ELECTIONS HAVE CONSEQUENCES ... So STFU Bitch
How's that Trade Deal with China coming along? Maybe Americans are being Hired to pick Soybeans?
Bourbon (08-13-2020)
HAVE YOU SEEN THE LONG LINE AT THE FOOD BANK IN DALLAS TEXAS ... LOOKS LIKE THEY’LL BE IN THAT LINE UNTIL IT’S TIME TO VOTE
ONE-N-DONE, YOU GOT PLAYED; Time To Play-On
Remember ... ELECTIONS HAVE CONSEQUENCES ... So STFU Bitch
Isaiah 6:5
“Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”
not to mention all the people who went back to work in July......in July unemployment went from 20% to 15%........August 15% to 10%.......looking forward to September going from 10% to 5%........then in October people can decide who they want to vote for......
https://www.dol.gov/ui/data.pdf
Isaiah 6:5
“Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”
Hey if the unemployment rate is north of 10%, why isn't Trump informing us the "real rate is 30 or 50 maybe more!"
Anyone remember what he and his cult were doing?
So the fifteen and half million is a good number?
Trump doesn’t have the economy as the campaign theme he had planned, no matter how you frame it, it ain’t good, and even if you don’t buy Trump’s responsibility in its fall, it is Trump’s economy. He can’t run on what it was last January, Democrats always have the Reagan line, “are you better off today .................“
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