@Tators"A strong economy would now be showing a more significant drop
in unemployment claims."Actually we've gained over 200k
jobs a month for 6 months in a row, the first time that's happened since
the 90s so this is what a strong jobs economy looks like for unemployment
numbers. 300,000 unemployment claims a week is pretty good. Remember,
unemployment claims are also filed when people get fired and replaced, not just
when jobs are completely removed.
Notice there is no mention of the high percentage of workers who have fallen off
the list due to unemployment benefits not having extended. Nor is there any
mention of the number of workers in their late 50's to early 60's who
have given up on looking for work. Those numbers have grown significantly since
When you have a base of nearly 300k, then a difference of only 1k is very
minimal. Not enough to get excited about in either direction. A strong
economy would now be showing a more significant drop in unemployment claims.
This continues to be the weakest recovery in the history of recession recoveries
by every numerical definition. Too bad we don't have a national
leader who understands the business world and how businesses are encouraged,
strengthened and therefore allowed to be in significant hiring modes. Don't
blame me... I didn't vote for the guy who has absolutely no business
experience and for whom we are now just forced to endure.
I kinda think that benefits ran out,if any one did hire is because of the 30
hour week not to give insurance.