GREAT! Jobless Claims Hit 44-Year Low...

Discussion in 'Politics' started by Dschrute3, Jun 14, 2018.

  1. Dschrute3
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    Dschrute3 Gold Member

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    Wow, 44-Year low? Pretty great. Good on ya Trump. :thup:


    New applications for U.S. unemployment benefits unexpectedly fell last week and the number of Americans on jobless rolls declined to a near 44-1/2-year low, pointing to a rapidly tightening labor market.

    Initial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 218,000 for the week ended June 9, the Labor Department said on Thursday. Claims data for the prior week was unrevised.

    Economists had forecast claims rising to 224,000 in the latest week.

    The labor market is considered to be close to or at full employment, with the jobless rate at an 18-year low of 3.8 percent.

    US jobless rolls declined to a near 44-1/2-year low, pointing to a rapidly tightening labor market
    DRUDGE REPORT 2018®
     
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  2. TheOldSchool
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    TheOldSchool Diamond Member

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    With so many abandoning the workforce, it’s no wonder there are jobs opening up.
     
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  3. Dschrute3
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    Dschrute3 Gold Member

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    Come on, is that really all ya got? The nation is at or near Full Employment, and you're still bitchin. Trump's delivering. It is what it is.
     
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  4. TroglocratsRdumb
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    TroglocratsRdumb Gold Member

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    Remember Nancy Pelosi saying that welfare creates jobs
     
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  5. Slade3200
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    Slade3200 Gold Member

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    I’m just not seeing how you can claim that Trump delivered this. Obama had double digit unemployment when he took over and got it down to where it is now. Trump seems to be taking all the credit. How does that make sense?
     
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  6. TheOldSchool
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    TheOldSchool Diamond Member

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    96 million out of the work force. And U6 unemployment well above 8%.
     
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  7. Dschrute3
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    Dschrute3 Gold Member

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    Oh yeah, she lost it a long time ago. It's kinda shocking the Democrats have stuck with her. She's pretty embarrassing at this point.
     
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  8. Dschrute3
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    Dschrute3 Gold Member

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    Aww, hatas gonna hate. Pretty pathetic, yo.
     
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  9. Dschrute3
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    Dschrute3 Gold Member

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    Yeah, i'd like to see that improve. But you can't have everything i guess. A 44-Year low is pretty damn good though.
     
  10. Slade3200
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    Slade3200 Gold Member

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    No seriously, I’m not hating on Trump. He has done some good things for the economy and is helping it improve. I just think it is disingenuous to take all this credit for the unemployment and job rates. Don’t you?
     
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