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Unemployment claims fall to lowest level in 43 years
Posted by: President Trump FTW! ()
Date: October 12, 2017 12:08PM

The MAGA just keeps growing and growing and growing.

http://www.washingtonexaminer.com/unemployment-claims-fall-to-lowest-level-in-43-years-despite-hurricanes/article/2637266

The total number of laid-off workers receiving unemployment benefits fell to 1.89 million at the end of September, the Department of Labor reported Thursday, the lowest such mark in nearly 44 years.

And new claims for unemployment benefits dropped 15,000 to 243,000 in the first full week of October, according to the agency, as the job market bounces back from hurricane damage even faster than forecasters expected.

Low new jobless claims are a good sign. They indicate that layoffs are rare, and accordingly that job creation is strong.

Unemployment benefits are available for up to 26 weeks in most states. Fewer people are now receiving benefits of all duration than at any time since December of 1973, when the total workforce was much smaller. That is a reflection of the strength of the jobs market, and the availability of new positions for laid-off workers.

Prior to the landfall of Hurricanes Harvey, Irma, and Maria, claims had been running at ultra-low rates. With Texas and Florida now recovering, new claims again appear to be sinking to levels that indicate robust job creation. First-time claims in the states most affected by the storms are still high, but have fallen in recent weeks.

"The data suggest that payrolls will bounce back quickly after last month's hurricane-related weakness and that the underlying trend in employment growth remains strong -- more than strong enough to keep the unemployment rate declining," noted Jim O'Sullivan, chief U.S. economist for High-Frequency Economics.

Economists calculate that new claims below the 300,000 mark indicate that unemployment will remain stable or fall.

Good claims numbers, which are released weekly, are one of the factors that will reassure officials in the Trump administration and at the Federal Reserve that the jobs recovery is intact, even though the hurricanes generated net job losses in September.
Attachments:
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Re: Unemployment claims fall to lowest level in 43 years
Posted by: D Trump ()
Date: October 12, 2017 01:31PM

Fake news
Closers to 40%
Numbers are rigged

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Re: Unemployment claims fall to lowest level in 43 years
Posted by: DHJP3 ()
Date: October 12, 2017 02:05PM

You're aware, I assume that...oh wait, I guess not: job creation in the first 8 months of the Trump administration is over 1 million less than in the last 8 months of the Obama administration? In other words, we're doing worse under Trump.

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Re: Unemployment claims fall to lowest level in 43 years
Posted by: Gruntled ()
Date: October 12, 2017 02:12PM

How much of that reduction is the long-term unemployed whose benefits have expired and have stopped bothering to actively look for work?

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Re: Unemployment claims fall to lowest level in 43 years
Posted by: Are you libtarded? ()
Date: October 12, 2017 02:18PM

DHJP3 Wrote:
-------------------------------------------------------
> You're aware, I assume that...oh wait, I guess
> not: job creation in the first 8 months of the
> Trump administration is over 1 million less than
> in the last 8 months of the Obama administration?
> In other words, we're doing worse under Trump.
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Re: Unemployment claims fall to lowest level in 43 years
Posted by: Bdguv ()
Date: October 12, 2017 02:25PM

Damn
Trump way down on that list
Jimmy looks good

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Re: Unemployment claims fall to lowest level in 43 years
Posted by: M63DM ()
Date: October 12, 2017 02:25PM

Are you libtarded? Wrote:
-------------------------------------------------------
>

Dumbfuck: the last 8 months of Obama administration, not the first 8 months. The first 8 months of Obama, he was trying to save the country from the worst recession since the 1930s.

You can't read? You stupid? Both?

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Re: Unemployment claims fall to lowest level in 43 years
Posted by: All that matters.... ()
Date: October 12, 2017 03:30PM

Bdguv Wrote:
-------------------------------------------------------
> Damn
> Trump way down on that list
> Jimmy looks good


Is that Hillary will NEVER be on that list.
Attachments:
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Re: Unemployment claims fall to lowest level in 43 years
Posted by: Bf,6 i ()
Date: October 12, 2017 03:34PM

All that matters.... Wrote:
-------------------------------------------------------
> Bdguv Wrote:
> --------------------------------------------------
> -----
> > Damn
> > Trump way down on that list
> > Jimmy looks good
>
>
> Is that Hillary will NEVER be on that list.


That is really all trumptards have left

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Re: Unemployment claims fall to lowest level in 43 years
Posted by: Hillary is a bitch! ()
Date: October 12, 2017 03:37PM

Bf,6 i Wrote:
-------------------------------------------------------
> All that matters.... Wrote:
> --------------------------------------------------
> -----
> > Bdguv Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > Damn
> > > Trump way down on that list
> > > Jimmy looks good
> >
> >
> > Is that Hillary will NEVER be on that list.
>
>
> That is really all trumptards have left

The only reason I voted was so that Hillary wouldn't be elected. The reason is a magnificent one! It's one that will last another election too!

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Re: Unemployment claims fall to lowest level in 43 years
Posted by: Cthvhmj ()
Date: October 12, 2017 04:09PM

Hillary is a bitch! Wrote:
-------------------------------------------------------
> Bf,6 i Wrote:
> --------------------------------------------------
> -----
> > All that matters.... Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > Bdguv Wrote:
> > >
> >
> --------------------------------------------------
>
> >
> > > -----
> > > > Damn
> > > > Trump way down on that list
> > > > Jimmy looks good
> > >
> > >
> > > Is that Hillary will NEVER be on that list.
> >
> >
> > That is really all trumptards have left
>
> The only reason I voted was so that Hillary
> wouldn't be elected. The reason is a magnificent
> one! It's one that will last another election too!


Things are going so well for us now.....

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Fewest Jobless Claims Since 1973 Show Firm U.S. Job Market
Posted by: Yes1 Git er' Done Son!!! ()
Date: October 19, 2017 01:34PM

"The larger-than-projected decrease in claims probably reflected difficulty adjusting for the Columbus Day holiday. At the same time, the report showed further declines in claims in hurricane- affected states. The storms initially led to a spike in applications in Texas and the southeastern U.S. in late August and early September.

The latest period also encompasses the reporting week that the Labor Department surveys for its October employment figures. Claims are at the lowest level in more than four decades, indicating employers have little desire to cut staffing levels amid a shortage of qualified workers."

https://www.bloomberg.com/news/articles/2017-10-19/fewest-jobless-claims-since-1973-show-firm-u-s-job-market

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Re: Unemployment claims fall to lowest level in 43 years
Posted by: more like 40% ()
Date: October 19, 2017 02:51PM

I think there is a mistake as the report cites the same sources Trump called 'rigged' during the election. What does Donald say the unemployment is - he is the only source of the truth and real evidence of things.

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Re: Unemployment claims fall to lowest level in 43 years
Posted by: Immigrants? ()
Date: October 19, 2017 02:53PM

If the unemployment rate is so low who will fill all the new jobs created by corporate tax cuts?

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