US Jobless Claims Jump by Most Since March 2020

[Zincwarrior]

Trump's 31% approval on the economy appears to have been a harbinger of hard economic data. US jobless claims jumped by the most since 2020 in December. I am sure it will be fine.​

​

US Jobless Claims Jump by Most Since 2020 After Holiday Drop​

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www.bloomberg.com

Takeaways by Bloomberg AI​

• Applications for US unemployment benefits rose last week by the most since the onset of the pandemic.
• Initial claims increased by 44,000 to 236,000 in the week ended Dec. 6, according to Labor Department data.
• The jump in claims suggests layoffs are picking up, but others note that the claims figure is still quite low over a longer period of time.

Applications for US unemployment benefits rose last week by the most since the onset of the pandemic, underscoring the volatile nature of claims at this time of year.

Initial claims increased by 44,000 to 236,000 in the week ended Dec. 6, according to Labor Department data released Thursday. That was the biggest jump since March 2020 and followed the lowest level of applications in more than three years in the previous week, which included Thanksgiving. The figure exceeded all but one estimate in a Bloomberg survey of economists.

US Jobless Claims Are Volatile Around Thanksgiving Holiday​

Initial and recurring filings have been choppy in recent weeks

Weekly initial claims tend to be choppy around the holidays and will likely continue to fluctuate through the end of the year, but Thursday’s figures are toward the higher end of readings seen in 2025. Companies like PepsiCo Inc. and HP Inc. have laid out plans to reduce headcount in recent weeks, and nationwide layoffs in October were the highest since early 2023.

 

[candycorn]

The head of the BLS better start updating their resume...

 

[Foxfyre]

Trump's 31% approval on the economy appears to have been a harbinger of hard economic data. US jobless claims jumped by the most since 2020 in December. I am sure it will be fine.​

​

US Jobless Claims Jump by Most Since 2020 After Holiday Drop​

Loading…

www.bloomberg.com

Takeaways by Bloomberg AI​

• Applications for US unemployment benefits rose last week by the most since the onset of the pandemic.
• Initial claims increased by 44,000 to 236,000 in the week ended Dec. 6, according to Labor Department data.
• The jump in claims suggests layoffs are picking up, but others note that the claims figure is still quite low over a longer period of time.

Applications for US unemployment benefits rose last week by the most since the onset of the pandemic, underscoring the volatile nature of claims at this time of year.
View attachment 1192906
Initial claims increased by 44,000 to 236,000 in the week ended Dec. 6, according to Labor Department data released Thursday. That was the biggest jump since March 2020 and followed the lowest level of applications in more than three years in the previous week, which included Thanksgiving. The figure exceeded all but one estimate in a Bloomberg survey of economists.

US Jobless Claims Are Volatile Around Thanksgiving Holiday​

Initial and recurring filings have been choppy in recent weeks

Weekly initial claims tend to be choppy around the holidays and will likely continue to fluctuate through the end of the year, but Thursday’s figures are toward the higher end of readings seen in 2025. Companies like PepsiCo Inc. and HP Inc. have laid out plans to reduce headcount in recent weeks, and nationwide layoffs in October were the highest since early 2023.

So two years ago the same phenomenon occurred according to your post? Did you point that out as some terrible thing then?-

 

[Mashmont]

Trump's 31% approval on the economy appears to have been a harbinger of hard economic data. US jobless claims jumped by the most since 2020 in December. I am sure it will be fine.​

​

US Jobless Claims Jump by Most Since 2020 After Holiday Drop​

Loading…

www.bloomberg.com

Takeaways by Bloomberg AI​

• Applications for US unemployment benefits rose last week by the most since the onset of the pandemic.
• Initial claims increased by 44,000 to 236,000 in the week ended Dec. 6, according to Labor Department data.
• The jump in claims suggests layoffs are picking up, but others note that the claims figure is still quite low over a longer period of time.

Applications for US unemployment benefits rose last week by the most since the onset of the pandemic, underscoring the volatile nature of claims at this time of year.
View attachment 1192906
Initial claims increased by 44,000 to 236,000 in the week ended Dec. 6, according to Labor Department data released Thursday. That was the biggest jump since March 2020 and followed the lowest level of applications in more than three years in the previous week, which included Thanksgiving. The figure exceeded all but one estimate in a Bloomberg survey of economists.

US Jobless Claims Are Volatile Around Thanksgiving Holiday​

Initial and recurring filings have been choppy in recent weeks

Weekly initial claims tend to be choppy around the holidays and will likely continue to fluctuate through the end of the year, but Thursday’s figures are toward the higher end of readings seen in 2025. Companies like PepsiCo Inc. and HP Inc. have laid out plans to reduce headcount in recent weeks, and nationwide layoffs in October were the highest since early 2023.

Gov't layoffs - a good thing
AI layoffs - growing pains.

 

[Zincwarrior]

So two years ago the same phenomenon occurred according to your post? Did you point that out as some terrible thing then?-

You realize its not 2020, but 2025 right? It hasn't been this bad since the last time Trump was in power.

 

[Hafar1014]

Gov't layoffs - a good thing
AI layoffs - growing pains.

The lost jobs are from 3 million illegals deported and tens of thousands of use less government jobs laid off. Good. They will be replaced by real jobs

 

[Mashmont]

The lost jobs are from 3 million illegals deported and tens of thousands of use less government jobs laid off. Good. They will be replaced by real jobs

Well, these numbers are from unemployment claims, so they wouldn't include deportations.

 

[Hafar1014]

Well, these numbers are from unemployment claims, so they wouldn't include deportations.

Yes they do they all dont work under the table

 

[Foxfyre]

You realize its not 2020, but 2025 right? It hasn't been this bad since the last time Trump was in power.

Your post says it was this bad in 2023. Still haven't taken that remedial reading comprehension course I see. You don't even see what you post. Sigh.

 

[1srelluc]

Damn OP, your post reads like a dog's breakfast.

 

[Zincwarrior]

Your post says it was this bad in 2023. Still haven't taken that remedial reading comprehension course I see. You don't even see what you post. Sigh.

No. 2020.

 

[Zincwarrior]

Damn OP, your post reads like a dog's breakfast.

You finally noticed my avatar.

Maybe this is a better link.

US jobless benefit applications jump to 236,000 last week as concerns about labor market persist

The number of Americans applying for unemployment benefits jumped last week, but remain in the same historically healthy range of the past few years despite growing concern over the health of the labor market.

apnews.com

And now witness Team Wienie GEN II. Terrifying whirlwinds of energy! To quote our favorite Aunt "Do those dogs even move?"

 

[Mac1958]

 

[Mashmont]

Yes they do they all dont work under the table

If they’re deported, how could they file for unemployment?

 

[Tommy Tainant]

Trump's 31% approval on the economy appears to have been a harbinger of hard economic data. US jobless claims jumped by the most since 2020 in December. I am sure it will be fine.​

​

US Jobless Claims Jump by Most Since 2020 After Holiday Drop​

Loading…

www.bloomberg.com

Takeaways by Bloomberg AI​

• Applications for US unemployment benefits rose last week by the most since the onset of the pandemic.
• Initial claims increased by 44,000 to 236,000 in the week ended Dec. 6, according to Labor Department data.
• The jump in claims suggests layoffs are picking up, but others note that the claims figure is still quite low over a longer period of time.

Applications for US unemployment benefits rose last week by the most since the onset of the pandemic, underscoring the volatile nature of claims at this time of year.
View attachment 1192906
Initial claims increased by 44,000 to 236,000 in the week ended Dec. 6, according to Labor Department data released Thursday. That was the biggest jump since March 2020 and followed the lowest level of applications in more than three years in the previous week, which included Thanksgiving. The figure exceeded all but one estimate in a Bloomberg survey of economists.

US Jobless Claims Are Volatile Around Thanksgiving Holiday​

Initial and recurring filings have been choppy in recent weeks

Weekly initial claims tend to be choppy around the holidays and will likely continue to fluctuate through the end of the year, but Thursday’s figures are toward the higher end of readings seen in 2025. Companies like PepsiCo Inc. and HP Inc. have laid out plans to reduce headcount in recent weeks, and nationwide layoffs in October were the highest since early 2023.

I thought he had fired all those people who made up treasonous figures.

 

[Mashmont]

I thought he had fired all those people who made up treasonous figures.

Tommy, wouldn't it be more beneficial for you to focus on your own backward cesspool of a country?

 

[Mashmont]

Trump's 31% approval on the economy appears to have been a harbinger of hard economic data. US jobless claims jumped by the most since 2020 in December. I am sure it will be fine.​

​

US Jobless Claims Jump by Most Since 2020 After Holiday Drop​

Loading…

www.bloomberg.com

Takeaways by Bloomberg AI​

• Applications for US unemployment benefits rose last week by the most since the onset of the pandemic.
• Initial claims increased by 44,000 to 236,000 in the week ended Dec. 6, according to Labor Department data.
• The jump in claims suggests layoffs are picking up, but others note that the claims figure is still quite low over a longer period of time.

Applications for US unemployment benefits rose last week by the most since the onset of the pandemic, underscoring the volatile nature of claims at this time of year.
View attachment 1192906
Initial claims increased by 44,000 to 236,000 in the week ended Dec. 6, according to Labor Department data released Thursday. That was the biggest jump since March 2020 and followed the lowest level of applications in more than three years in the previous week, which included Thanksgiving. The figure exceeded all but one estimate in a Bloomberg survey of economists.

US Jobless Claims Are Volatile Around Thanksgiving Holiday​

Initial and recurring filings have been choppy in recent weeks

Weekly initial claims tend to be choppy around the holidays and will likely continue to fluctuate through the end of the year, but Thursday’s figures are toward the higher end of readings seen in 2025. Companies like PepsiCo Inc. and HP Inc. have laid out plans to reduce headcount in recent weeks, and nationwide layoffs in October were the highest since early 2023.

1) Stock market at record high.
2) Layoffs were leftwing government deep-staters. No great loss there.
3) America is zipping right along under this great man.

 

[Mashmont]

How leftwingers view Trump supporters. The reality is every Trump supporter I know could buy and sell ten leftwingers at one time.