[Ghost of Philip Marlowe]

The reduction was caused by a further roll-off of EUC benefits and shifting people from EUC to disability.

This will continue for 3-6 months and then those extended benefits will be gone.

What will they do then?

They’ll simply drop those people out of the work force, call the unemployment rate “miraculously improved by The One” at 5%, and then they’ll recalibrate the labor participation rate so that 40% is the new 100%.

See how leftists/socialists/communists fix everything?

[1rudeboy]

The reduction was caused by a further roll-off of EUC benefits and shifting people from EUC to disability.

This column is about initial jobless claims. In short, it discusses apples, and you are talking oranges.