Wednesday, November 24, 2021

Plunge

 Washington Post: Weekly jobless claims plunge to 199,000, the lowest level in more than 50 years - Claims fell more than 71,000 from last week, marking the eighth straight week of declines By Taylor Telford and Aaron Gregg

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2 comments:

Glynn Kalara said...

Means little. The real no. to look at is the labor utilization nos. They are still terrible with a no. lower than it was in 1932. People end their UN and just drop off the radar.

8:39 PM
Jim Sande said...

This is true. Still, these types of reports are used as political weapons to influence us. In this case, this is 'good news' for Biden, but it will be quickly forgotten.

8:32 AM

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