User Tag List

+ Reply to Thread
Results 1 to 3 of 3

Thread: Fewer people are on unemployment benefits than anytime in 44 years

  1. #1

    tPF Moderator
    Points: 284,747, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 69.0%
    Achievements:
    SocialVeteran50000 Experience PointsOverdrive
    Common's Avatar tPF Moderator
    Karma
    326830
    Join Date
    Feb 2013
    Posts
    50,391
    Points
    284,747
    Level
    100
    Thanks Given
    2,532
    Thanked 6,032x in 3,754 Posts
    Mentioned
    142 Post(s)
    Tagged
    0 Thread(s)

    Fewer people are on unemployment benefits than anytime in 44 years

    President Donald TRump has this country rockin and he did it in less than a year and half, talk about success

    Fewer people were receiving unemployment benefits in the beginning of June than at anytime in the past 44 years, the Department of Labor reported Thursday.

    Altogether, 1.7 million people received benefits during the week, the fewest since December of 1973, when Richard Nixon was president and there were far fewer workers at risk of losing their jobs.

    Unemployment insurance is available for up to 26 weeks in most states. The total numbers of people receiving benefits have repeatedly hit multigenerational lows in recent months.


    As for first-time claims, Thursday's report showed that new claims for unemployment insurance benefits fell 4,000 to 218,000 in the first full week of June.


    Forecasters had expected jobless claims to inch up to 225,000, staying near the very low levels that have accompanied the lowest unemployment levels in a generation.

    Low claims are a sign that there are few layoffs, and accordingly that job creation is going to remain strong.


    https://www.washingtonexaminer.com/p...me-in-44-years
    Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies.

    GROUCHO MARX,

  2. #2
    Original Ranter
    Points: 482,787, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 99.9%
    Achievements:
    SocialCreated Album picturesOverdrive50000 Experience PointsVeteran
    Awards:
    Posting Award
    Peter1469's Avatar Advisor
    Karma
    416969
    Join Date
    Jun 2011
    Location
    NOVA
    Posts
    146,911
    Points
    482,787
    Level
    100
    Thanks Given
    84,564
    Thanked 67,944x in 46,320 Posts
    Mentioned
    2170 Post(s)
    Tagged
    0 Thread(s)
    Low rates could also mean more people using up their benefits, however, based on current economic growth it is more likely people obtaining employment.
    Molon labe

  3. The Following User Says Thank You to Peter1469 For This Useful Post:

    Captdon (06-14-2018)

  4. #3
    Points: 32,380, Level: 43
    Level completed: 95%, Points required for next Level: 70
    Overall activity: 51.0%
    Achievements:
    1 year registered25000 Experience PointsTagger Second Class
    Captdon's Avatar Senior Member
    Karma
    5489
    Join Date
    Aug 2017
    Location
    South Carolina now.
    Posts
    15,287
    Points
    32,380
    Level
    43
    Thanks Given
    25,290
    Thanked 5,482x in 4,312 Posts
    Mentioned
    75 Post(s)
    Tagged
    0 Thread(s)
    There are always people between jobs as well.
    Liberals are a clear and present danger to our freedom and our society and our morals.

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts


Critical Acclaim
Single Sign On provided by vBSSO