U.S. Unemployment Drops to Record Low

[schmidlap]

U.S. Jobless Claims Hit Lowest Level Since 1969​

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There are no signs that Russia's war against Ukraine, which has sent U.S. gasoline prices to record highs and is expected to worsen the strain on global supply chains, has impacted the labor market and business activity...​

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The claims report showed the number of people receiving benefits after an initial week of aid decreased 67,000 to 1.350 million during the week ended March 12, the lowest since January, 1970...​

​

"These data suggest that the March employment situation report is likely to be similar to recent reports, which have shown strong job growth and continuing declines in the unemployment rate," said Conrad DeQuadros, senior economic advisor at Brean Capital in New York.​

​

U.S. labor market tightens as weekly jobless claims hit lowest level since 1969

The number of Americans filing new claims for jobless benefits dropped to a 52-1/2-year low last week, while unemployment rolls continued to shrink, pointing to rapidly diminishing labor market slack that will keep boosting wage inflation.

www.reuters.com

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From January 2021 to January 2022, unemployment rates decreased in 49 states and the District of Columbia, and were essentially unchanged in 1 state.​

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[jwoodie]

U.S. Jobless Claims Hit Lowest Level Since 1969​

​

​

There are no signs that Russia's war against Ukraine, which has sent U.S. gasoline prices to record highs and is expected to worsen the strain on global supply chains, has impacted the labor market and business activity...​

​

The claims report showed the number of people receiving benefits after an initial week of aid decreased 67,000 to 1.350 million during the week ended March 12, the lowest since January, 1970...​

​

"These data suggest that the March employment situation report is likely to be similar to recent reports, which have shown strong job growth and continuing declines in the unemployment rate," said Conrad DeQuadros, senior economic advisor at Brean Capital in New York.​

​

U.S. labor market tightens as weekly jobless claims hit lowest level since 1969

The number of Americans filing new claims for jobless benefits dropped to a 52-1/2-year low last week, while unemployment rolls continued to shrink, pointing to rapidly diminishing labor market slack that will keep boosting wage inflation.

www.reuters.com

​

​

From January 2021 to January 2022, unemployment rates decreased in 49 states and the District of Columbia, and were essentially unchanged in 1 state.​

​

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View attachment 620675​

So what does that tell YOU? It tells me that businesses won't expand much further if they can't find people to hire. (I hope I'm wrong about this.)

 

[007]

Now... is it "UNEMPLOYMENT HITS RECORD LOW," or "JOBLESS CLAIMS HIT RECORD LOW?"

How many people file a claim for unemployment benefits has nothing to do with how many people still don't have a job.

 

[Winco]

Now... is it "UNEMPLOYMENT HITS RECORD LOW," or "JOBLESS CLAIMS HIT RECORD LOW?"

How many people file a claim for unemployment benefits has nothing to do with how many people still don't have a job.

Can Not and Will Not accept ANY positive NEWS ^^^^^^^^
Must deflect to.......Biden is Bad.

 

[White 6]

U.S. Jobless Claims Hit Lowest Level Since 1969​

​

​

There are no signs that Russia's war against Ukraine, which has sent U.S. gasoline prices to record highs and is expected to worsen the strain on global supply chains, has impacted the labor market and business activity...​

​

The claims report showed the number of people receiving benefits after an initial week of aid decreased 67,000 to 1.350 million during the week ended March 12, the lowest since January, 1970...​

​

"These data suggest that the March employment situation report is likely to be similar to recent reports, which have shown strong job growth and continuing declines in the unemployment rate," said Conrad DeQuadros, senior economic advisor at Brean Capital in New York.​

​

U.S. labor market tightens as weekly jobless claims hit lowest level since 1969

The number of Americans filing new claims for jobless benefits dropped to a 52-1/2-year low last week, while unemployment rolls continued to shrink, pointing to rapidly diminishing labor market slack that will keep boosting wage inflation.

www.reuters.com

​

​

From January 2021 to January 2022, unemployment rates decreased in 49 states and the District of Columbia, and were essentially unchanged in 1 state.​

​

​

View attachment 620675​

Tell me about it. I haven't worked for anybody since I was 60, but head hunter have called me twice this week.

 

[PinktheFloyd88]

Now... is it "UNEMPLOYMENT HITS RECORD LOW," or "JOBLESS CLAIMS HIT RECORD LOW?"

How many people file a claim for unemployment benefits has nothing to do with how many people still don't have a job.

Well said

 

[excalibur]

Labor participation is 62.3, below January 2020s 63.4.

Labor Force Participation Rate

View data of the percentage of the total U.S. population that is neither employed nor actively seeking work.

fred.stlouisfed.org

Many people aren't counted as unemployed because they are no longer eligible for unemployment benefits.

The U-6 unemployment figure s 7.2%.

What Is the Real Unemployment Rate?

The real unemployment rate includes discouraged and part-time workers. It was 7.4% in November 2022, which was higher than the official unemployment rate of 3.7%.

www.thebalance.com

 

[surada]

U.S. Jobless Claims Hit Lowest Level Since 1969​

​

There are no signs that Russia's war against Ukraine, which has sent U.S. gasoline prices to record highs and is expected to worsen the strain on global supply chains, has impacted the labor market and business activity...​

​

The claims report showed the number of people receiving benefits after an initial week of aid decreased 67,000 to 1.350 million during the week ended March 12, the lowest since January, 1970...​

​

"These data suggest that the March employment situation report is likely to be similar to recent reports, which have shown strong job growth and continuing declines in the unemployment rate," said Conrad DeQuadros, senior economic advisor at Brean Capital in New York.​

​

U.S. labor market tightens as weekly jobless claims hit lowest level since 1969

The number of Americans filing new claims for jobless benefits dropped to a 52-1/2-year low last week, while unemployment rolls continued to shrink, pointing to rapidly diminishing labor market slack that will keep boosting wage inflation.

www.reuters.com

​

​

From January 2021 to January 2022, unemployment rates decreased in 49 states and the District of Columbia, and were essentially unchanged in 1 state.​

​

View attachment 620675​

This is great news. Tragically it will piss off the Trump trash.

 

[Moonglow]

This is great news. Tragically it will piss off the Trump trash.

They always hate good news.

 

[Jets]

Unfortunately, as long as inflation remains center stage, most voters will gloss over these statistics…

 

[FA_Q2]

Labor participation is 62.3, below January 2020s 63.4.

Labor Force Participation Rate

View data of the percentage of the total U.S. population that is neither employed nor actively seeking work.

fred.stlouisfed.org

Many people aren't counted as unemployed because they are no longer eligible for unemployment benefits.

The U-6 unemployment figure s 7.2%.

What Is the Real Unemployment Rate?

The real unemployment rate includes discouraged and part-time workers. It was 7.4% in November 2022, which was higher than the official unemployment rate of 3.7%.

www.thebalance.com

Unemployment benefits have nothing whatsoever to do with counting unemployment rates. Nothing.

How many times does that need to be pointed out.

 

[Toddsterpatriot]

Many people aren't counted as unemployed because they are no longer eligible for unemployment benefits.

Unemployment eligibility has nothing to do with being counted as unemployed.

 

[Dekster]

Now... is it "UNEMPLOYMENT HITS RECORD LOW," or "JOBLESS CLAIMS HIT RECORD LOW?"

How many people file a claim for unemployment benefits has nothing to do with how many people still don't have a job.

Labor force participation is still down 1.2 % percent below what it was when COVID first hit and it has been declining for decades.

 

[excalibur]

Unemployment benefits have nothing whatsoever to do with counting unemployment rates. Nothing.

How many times does that need to be pointed out.

People don't apply for benefits they then fall off the radar.

 

[Toddsterpatriot]

People don't apply for benefits they then fall off the radar.

How the Government Measures Unemployment : U.S. Bureau of Labor Statistics

How the Government Measures Unemployment

www.bls.gov

 

[excalibur]

Unemployment eligibility has nothing to do with being counted as unemployed.

Not what I said. I said:

"Many people aren't counted as unemployed because they are no longer eligible for unemployment benefits."

The first piece of information they want to determine is how many people in the household are actually in the labor force, meaning these people have jobs or are actively looking for jobs. Only citizens who are in the labor force are counted in the unemployment rate.

Someone who does not have a job but claims he is not looking for one is considered out of the labor force and is not counted in the unemployment rate. Economists call members of this group "discouraged workers."​

How Is the U.S. Monthly Unemployment Rate Calculated?

The unemployment rate is a closely followed indicator, used by businesses, investors, and others to gauge the state of the U.S. economy.

www.investopedia.com

 

[Toddsterpatriot]

Not what I said. I said:

"Many people aren't counted as unemployed because they are no longer eligible for unemployment benefits."

I know.

What you said is wrong.

 

[Lastamender]

U.S. Jobless Claims Hit Lowest Level Since 1969​

​

​

There are no signs that Russia's war against Ukraine, which has sent U.S. gasoline prices to record highs and is expected to worsen the strain on global supply chains, has impacted the labor market and business activity...​

​

The claims report showed the number of people receiving benefits after an initial week of aid decreased 67,000 to 1.350 million during the week ended March 12, the lowest since January, 1970...​

​

"These data suggest that the March employment situation report is likely to be similar to recent reports, which have shown strong job growth and continuing declines in the unemployment rate," said Conrad DeQuadros, senior economic advisor at Brean Capital in New York.​

​

U.S. labor market tightens as weekly jobless claims hit lowest level since 1969

The number of Americans filing new claims for jobless benefits dropped to a 52-1/2-year low last week, while unemployment rolls continued to shrink, pointing to rapidly diminishing labor market slack that will keep boosting wage inflation.

www.reuters.com

​

​

From January 2021 to January 2022, unemployment rates decreased in 49 states and the District of Columbia, and were essentially unchanged in 1 state.​

​

​

View attachment 620675​

You know that has a lot to do with people dropping out of the workforce. So it is not accurate in anyway.

 

[Uncensored2008]

Now... is it "UNEMPLOYMENT HITS RECORD LOW," or "JOBLESS CLAIMS HIT RECORD LOW?"

How many people file a claim for unemployment benefits has nothing to do with how many people still don't have a job.

Nazis lie - ALWAYS.

Next time Nazi Schittlapper tells the truth about ANYTHING will be the first time

 

[007]

Labor force participation is still down 1.2 % percent below what it was when COVID first hit and it has been declining for decades.

And where did you divine those numbers? You just pull them out of your ass?