Posted on 02/01/2022 12:15:33 AM PST by weston
Truckistan Amb. Poso
@JackPosobiec
·
21m
Finally some good news
Facebook loses users for the first time EVER: Shares plummet 20%, wiping $200BN off value of parent-firm Meta after it revealed 500,000 fewer daily log-ins and declining profits - Zuckerberg’s personal wealth takes $29BN hit
And I couldn’t get son to wear a jacket to work.
Hope he doesn’t skid off the road or worse.
Mom is so dumb!!!
Weekly jobless claims total 238,000, fewer than expected
THU, FEB 3 2022 8:32 AM ESTUPDATED 7 MIN AGO Jeff Cox
FTA
Claims for the week ended Jan. 29 totaled 238,000, a touch lower than the 245,000 Dow Jones estimate.
Continuing claims on a four-week basis hit th
eir lowest level since 1973.
Productivity rose more than expected in the fourth quarter while unit labor costs were less than the Wall Street estimate.
Initial filings for unemployment claims totaled a bit less than expected last week as companies looked to overcome the impact of the omicron spread.
Claims for the week ended Jan. 29 totaled 238,000, a touch lower than the 245,000 Dow Jones estimate, the Labor Department reported Thursday. That was also a decline from the previous week’s upwardly revised 261,000.
The report closes out a tough January in which millions of Americans lost work due to the Covid impact.
Census Bureau data shows that more than 8.7 million workers missed time in late-January into February due either to having Covid themselves or having to care for someone with the virus. Nearly 2 million more said they were out of work due to their employer closing for Covid-related reasons, while almost 1.5 million more said they lost jobs because their employer shut down permanently due to the pandemic.
Claims have turned higher after briefly dipping below 200,000 in early December and posting their lowest total in more than 50 years.
With cases declining sharply over the past two weeks, economists are optimistic that the trend will reverse itself.
Continuing claims, which run a week behind the headline number, showed a substantial decrease, falling 44,000 to 1.63 million. The four-week moving average for claims, which helps adjust for weekly volatility, slipped to 1.62 million, the lowest total since Aug. 4, 1973.
The total of those receiving benefits under all programs declined to 2.07 million, a drop of 73,205, according to data through Jan. 15. That compares to 18.5 million from a year ago and has dropped substantially as extended benefits have expired for the unemployed.
The numbers came the day before the BLS releases its closely watched January nonfarm payrolls report, which is expected to show a gain of 150,000 though some economists think the U.S. actually may have lost jobs for the period.
In other economic news Thursday, productivity surged 6.6% in the fourth quarter of 2021, well above the estimate of 4.4%, according to preliminary figures from the Bureau of Labor Statistics. At the same time, unit labor costs rose just 0.3%, well below the 1% estimate.
Unit labor costs are measured as the difference between hourly compensation, which rose 6.9%, and productivity. The smaller-than-expected gain provides a sign that productivity is helping offset inflation running at its fastest pace in nearly 40 years.
https://www.cnbc.com/2022/02/03/weekly-jobless-claims-total-238000-less-than-expected.html
Good for Kari, turn it around and on the lying media.
No, I bet this part didn’t make it into what ABC aired.
Donald Trump Jr.
@DonaldJTrumpJr
·
2m
I held my breath is the new “I didn’t inhale”
These people are idiots.
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Quote Tweet
Deadline Hollywood
@DEADLINE
· 13h
L.A. Mayor Garcetti Says He Held His Breath For Maskless Photo With Magic Johnson https://deadline.com/2022/02/l-a-mayor-garcetti-says-he-held-his-breath-for-maskless-photo-with-magic-johnson-1234925457/
That’s adorable! I hope Proby doesn’t get in trouble for leaving a path of destruction to get away from the spray bottle.
Thx for the recipe. Sounds great for a cold night.
Nice! Looks like the truckers started the movement, and many more are joining in. I hope that happens here too.
And Truth Social isn’t even out yet!
@joekent16jan19
· 13h
Great feed back from the bill board crew!
This whole Zucker affair has me somewhat perplexed.
What’s the big deal about a big muckety muck having an affair with a co-worker? Doesn’t this go on all the time? How is it that this is such a horrendous thing for the head of a lefty organization.
At the risk of being jumped on, didn’t Jesse Watters do the same thing with one of his producers? He left a wife and two young girls to be with her. Sorry, but I don’t see much difference, if any. It’s why I won’t watch his show.
Yeah, what do you know, anyway! /s
There definitely is more to the Zucker retiring than a workplace affair.
Waiting for the Cuomo’s to sill their guts.
I would sure hope so, because being canned for something that’s pretty hum-drum these days (for leftists) just doesn’t hold water.
At one point Zucker understood the appeal of populism...and then he went to CNN where he openly stated his goal was to turn the news into "politics as sports" and picked his team
Before Zucker's era, CNN even used to have Alex Jones on pic.twitter.com/CFBuEY7bR5— Truckistan Amb. Poso 🏁 (@JackPosobiec) February 3, 2022
LOL!
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