Posted on 06/03/2021 6:10:08 AM PDT by ChicagoConservative27
The number of Americans seeking new unemployment benefits dropped below 400,000 for the first time since March of last year — marking a new pandemic low, the feds said Thursday.
Initial worker filings for jobless claims, seen as a signal of layoffs, reached 385,000 last week, down from 406,000 reported the prior week, according to data released Thursday by the Labor Department.
It’s the fifth consecutive week of steady declines, but initial claims still remain substantially higher than pre-pandemic levels. The country was averaging just over 200,000 new claims per week in 2019.
(Excerpt) Read more at nypost.com ...
Probably bogus, to be quietly adjusted upwards a month from now.
BS is right
For sure any improved is the result of red state governors opening their economies
Meanwhile, they’ll report new unemployment claims climbed much more than that.
The BLS are communists and try to support communist presidents.
Surprise after All the Red states stopped handing out the Federal goodies .
Thank you, Ron DeSantis and the other R governors for doing the right thing. They’ll never get credit from the Walking Corpse, tho.
They didn’t get their stay at home checks so they had to get jobs.
And red state economies are improving faster than the commie ones as a result.
Joe Biden is working around the clock.
I did not know there was anyone who wanted to work, that was not on already on unemployment.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.