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Thread: Weekly jobless claims fell for 6th straight week to new pandemic low. God bless Biden

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    Default Weekly jobless claims fell for 6th straight week to new pandemic low. God bless Biden



    https://finance.yahoo.com/news/weekl...191515377.html

    U.S. states saw the fewest new unemployment claims since March 2020 last week, with initial filings down for a sixth straight week as economic activity picked up further.

    The Department of Labor released its weekly report on new jobless claims on Thursday at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus data compiled by Bloomberg:

    Initial jobless claims, week ended June 5: 376,000 vs. 370,000 expected and an unrevised 385,000 last week

    Continuing claims, week ended May 22: 3.499 million vs. 3.665 million expected and a revised 3.757 million last week

    New filings came in below the psychologically important level of 400,000 for a back-to-back week and came ever-closer to their pre-pandemic average of just over 200,000 per week. Jobless claims have also set new pandemic-era lows for each of the past five consecutive weeks, trending lower in tandem with rising labor demand during the recovery.

    The Bureau of Labor Statistics said earlier this week that job openings in April surged to a record high of more than 9 million. A separate survey found that a record share of small business owners reported being unable to fill open positions in May. During the week ended May 22, the number of Americans claiming benefits across all unemployment programs totaled 15.3 million, dipping by fewer than 100,000 from the prior week.

    Judge Juan M. Merchan wrote that Trump “appears to take the position that his situation and this case are unique and that the pre-trial publicity will never subside. However, this view does not align with reality.”


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    Hoosier Daddy (06-13-2021)

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    Quote Originally Posted by Joe Capitalist View Post


    https://finance.yahoo.com/news/weekl...191515377.html

    U.S. states saw the fewest new unemployment claims since March 2020 last week, with initial filings down for a sixth straight week as economic activity picked up further.

    The Department of Labor released its weekly report on new jobless claims on Thursday at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus data compiled by Bloomberg:

    Initial jobless claims, week ended June 5: 376,000 vs. 370,000 expected and an unrevised 385,000 last week

    Continuing claims, week ended May 22: 3.499 million vs. 3.665 million expected and a revised 3.757 million last week

    New filings came in below the psychologically important level of 400,000 for a back-to-back week and came ever-closer to their pre-pandemic average of just over 200,000 per week. Jobless claims have also set new pandemic-era lows for each of the past five consecutive weeks, trending lower in tandem with rising labor demand during the recovery.

    The Bureau of Labor Statistics said earlier this week that job openings in April surged to a record high of more than 9 million. A separate survey found that a record share of small business owners reported being unable to fill open positions in May. During the week ended May 22, the number of Americans claiming benefits across all unemployment programs totaled 15.3 million, dipping by fewer than 100,000 from the prior week.


    More good news for the Biden era.

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    THANK GOD RED STATE GOVENORS REFUSED EXTRA UNEMPLOYMENT BEIEFITS A FORCED PEOPLE BACK TO WORK.

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    Quote Originally Posted by BidenPresident View Post
    More good news for the Biden era.
    And the Right Wing are all:


    Judge Juan M. Merchan wrote that Trump “appears to take the position that his situation and this case are unique and that the pre-trial publicity will never subside. However, this view does not align with reality.”


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    Quote Originally Posted by Joe Capitalist View Post
    And the Right Wing are all:



    Biden and the Democrats will bring our nation back to a functioning democracy.

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    Quote Originally Posted by BidenPresident View Post
    Biden and the Democrats will bring our nation back to a functioning democracy.
    But the RepubliQans don't want a functioning democracy. They want an authoritarian government.

    Judge Juan M. Merchan wrote that Trump “appears to take the position that his situation and this case are unique and that the pre-trial publicity will never subside. However, this view does not align with reality.”


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    Quote Originally Posted by Joe Capitalist View Post
    But the RepubliQans don't want a functioning democracy. They want an authoritarian government.

    Like the Soviets, a command economy.

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    Any one that consistently uses that many memes in his post must be a pimpled faced 15 year old living in his momma's ( birthing person's) basement.

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    Quote Originally Posted by ExpressLane View Post
    THANK GOD RED STATE GOVENORS REFUSED EXTRA UNEMPLOYMENT BEIEFITS A FORCED PEOPLE BACK TO WORK.
    Is English your second language? what kind of job could you have?

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    Biden's highly successful presidency is driving right wingers nuts, Hannity's head will explode any day....


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    Quote Originally Posted by Hoosier Daddy View Post
    Is English your second language? what kind of job could you have?
    Looks like ExcessLoon has been TRIGGERED!!!

    My work here is done.

    Judge Juan M. Merchan wrote that Trump “appears to take the position that his situation and this case are unique and that the pre-trial publicity will never subside. However, this view does not align with reality.”


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