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April sees the fewest people getting unemployment benefits since 2000

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Old 04-20-2017, 08:58 PM   #1
vigalante
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Default April sees the fewest people getting unemployment benefits since 2000

Thank you, President Trump.....MAKING AMERICA GREAT AGAIN!!!!!

New applications for unemployment insurance rose to 244,00 in the second week of April, the Department of Labor reported Thursday, up from an ultra-low 234,000 the week before.

Investors had expected jobless claims to rebound to around 242,000 after falling to the second-lowest level since 1973 in the previous week.

Thanks in part to new claims running low for so long, the total number of people receiving benefits of all durations fell to the lowest level in 17 years.

Just 1.98 million people received benefits in the first week of April, according to Thursday's report, the lowest such number since April of 2000, during the dotcom bubble.

Markets and the Federal Reserve see low claims as a good sign for the economy. Fewer claims mean that fewer people are showing up to state agencies to collect unemployment benefits, suggesting that layoffs are scarce.

The strong jobless claims numbers in recent weeks have boosted expectations for growth this year, and for the Fed to continuing raising interest rates.

While the falling total number of people receiving benefits is also good news, it is more of a mixed bag. Benefits are now available for up to 26 weeks in most states.

But many people currently have been out of work for longer than that. In March, there were 1.7 million people who had been unemployed for 27 weeks or longer, acording to the Bureau of Labor Statistics. In comparison, there were just 600 million such long-term unemployed in April of 2000, meaning that the total continuing claims numbers don't capture the full reality of today's unemployment.


(Excerpt) Read more at washingtonexaminer.com ...
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Old 04-20-2017, 09:27 PM   #2
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Once the new rules are in place the results will be even better.
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Old 04-21-2017, 11:30 AM   #3
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wait until trump makes people line up "in person" again = to receive food stamps

" your i.d, voter card, d/l , proof of citizenship please"
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Old 04-21-2017, 11:35 AM   #4
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Old 04-21-2017, 11:42 AM   #5
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Notice all the delight in this thread by the CF Dems that the AMerican People are going back to work instead of living off the government.
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Old 04-21-2017, 01:04 PM   #6
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are these the real numbers or those fake numbers again.

-just kidding, they've always been real and we should be happy with them. but now about the president's approval rating numbers
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Old 04-21-2017, 01:07 PM   #7
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More winning.
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Old 04-21-2017, 01:08 PM   #8
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Quote:
Originally Posted by TBIRD57 View Post
clarification are these the real numbers or those fake numbers again.

-just kidding, they've always been real and we should be happy with them. but now about the president's approval rating numbers
What do poll numbers have to do with the UE numbers regressive with the exception of you deflecting. BTW his poll numbers are on the rise if you still believe the polls which you do being you're gullible.
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Old 04-21-2017, 10:36 PM   #9
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When you run out of unemployment bennies ya disapear off the list,then it's time for welfare, food stamps,medical etc.
4got free phone.

Last edited by ON 8TH; 04-21-2017 at 10:36 PM.
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Old 04-21-2017, 10:47 PM   #10
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Quote:
Originally Posted by TBIRD57 View Post
are these the real numbers or those fake numbers again.

-just kidding, they've always been real and we should be happy with them. but now about the president's approval rating numbers
Made by the same people who thought your Hilary would win and the oceans woukd have risen.
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Old 04-21-2017, 11:16 PM   #11
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with the thread consensus.
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Old 04-22-2017, 12:39 AM   #12
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Unemployment going down! A big cheer? Opps, the Obama administration was famous for falsifying the unemployment statistics. For instance under Obama if you worked one hour per week at the minimum wage, government statistics reported you as being employed.
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