Weekly jobless claims jump to 242,000, more than expected in latest sign of economic softening

[postman]

Prolly a slew of them being do-nothing bureaucratic parasites, who got shown the door.

Like the workers at DOE who got fired, that worked on our nuclear weapons?

 

[John Edgar Slow Horses]

The PAIN happened when Biden hit with 9% inflation.
The Fed is not lowering rates because that Bidenflation is "sticky", hard to reduce.

It was down to 4% last year and will be at 6% by January.

Groceries and gas, MAGA.

 

[Oddball]

Like the workers at DOE who got fired, that worked on our nuclear weapons?

Or not.

 

[Oddball]

Considering we use deficit spending, thats a net negative.

As though it's a net negative for the blood supply to pour salt on leeches sucking on my legs.

 

[John Edgar Slow Horses]

News Nation
Following
1h

Unemployment claims rise to 3-month high, worries Wall Street | Morning in America​

According to the Department of Labor, the number of Americans filing for unemployment benefits rose by 22,000 to 242,000 last week, a three-month high. An increase in claims was expected as mass layoffs continue to affect workers across the country. #unemployment #economy #jobs See less

Thanks Trump.

 

[Stann]

Jobless claims rose higher than expected last week to the highest level since October. This occurred on the same day Trump re-iterated tariffs on Mexico, Canada go in place next week, threatened tariffs on the EU and said tariffs for China will rise an additional 10%.

https://www.cnbc.com/2025/02/27/weekly-jobless-claims-jump-to-242000-more-than-expected-in-latest-sign-of-economic-softening.html

Let's hope it isn't a trend. Once it's a trend then we know trump's plans aren't working and they're not good for US.

 

[MagicMike]

How many of those jobless claims were fired govt employees diung nothing but steaking from us

Here we go. Right on cue.
It doesn't matter. Unemployed government workers legitimately count toward unemployment statistics too.
I wonder if the six time bankrupted, convicted felon was even capable of anticipating this before he let his boss-pimp elon cut them lose?
Trum is pretty dumb you know.

 

[John Edgar Slow Horses]

Here we go. Right on cue.
It doesn't matter. Unemployed government workers legitimately count toward unemployment statistics too.
I wonder if the six time bankrupted, convicted felon was even capable of anticipating this before he let his boss-pimp elon cut them lose?
Trum is pretty dumb you know.

Manonthestreet gives a stupid argment above.

Good reprisal, MagicMike.