I swear, as God is my witness, that I thought donkeys could fly!
Posted on 01/18/2018 7:41:49 AM PST by gubamyster
The Labor Department said first-time claims for unemployment benefits fell 41,000 to 220,000 for the week ending January 13, 2018. That’s the lowest level for jobless claims since February 24, 1973 when it was 218,000.
The previous week was unrevised at 261,000.
The 4-week moving average was 244,500, a decrease of 6,250 from the previous week’s unrevised average of 250,750. Lagging data for continuing claims showed the advance unadjusted insured unemployment rate was 1.7% during the week ending January 6, an increase of 0.1 percentage point from the prior week.
That number is highly likely to return to its historic low following this report. The strengthening demand for labor also bodes extremely well for the government jobs report due out at the end of the month.
Claims taking procedures continue to be disrupted in the Virgin Islands. The claims taking process in Puerto Rico has still not returned to normal. Extended benefits were available in Alaska and the Virgin Island during the week ending December 30.
The highest insured unemployment rates in the week ending December 30 were in the Virgin Islands (8.1), Alaska (4.0), Puerto Rico (3.5), New Jersey (2.9), Connecticut (2.8), Montana (2.7), Rhode Island (2.6), Massachusetts (2.5), Minnesota (2.5), and Pennsylvania (2.5).
The largest increases in initial claims for the week ending January 6 were in New York (+26,891), Georgia (+11,931), California (+11,927), Pennsylvania (+5,409), and Texas (+5,054), while the largest decreases were in New Jersey (-8,221), Massachusetts (-4,189), Michigan (-3,151), Ohio (-2,583), and Iowa (-2,156).
(Excerpt) Read more at peoplespunditdaily.com ...
Democrats shout: fake news! don’t believe it!......TO THEIR MINIONS................
Nail the windows shut at the DNC or we’ll see flying donkeys.
Obama is doing a great job and he wasn’t fat like our current President.
Clearly this is because of racism. Or the Russians. No, it’s the *&^%hole!!!. That’s it!
Trump’s fault again and again!
I swear, as God is my witness, that I thought donkeys could fly!
And still more good news.
Higher population; lower claims.
That’s just crumbs, say the people who bragged about full employment when former well paid full time employees were working multiple part time jobs just to put food on the table.
So, the 200 thousand plus number in 1973 would be a larger percentage of the working population than that same number is today.
But the commies say it’s still 0bama’s economy.
Bookmark
Why would they?
Where have they seen this reported?
Good point.
Their minions don’t get positive news for Trump...........
Yes!!
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