“well within normal range for a growing economy.”
A mischaracterization if there ever was one. Growing technically but at an extremely anemic rate.
If it continues to grow at this “normal” rate this country’s economy will collapse of it’s own weight.
Here are the facts on Initial Claims. The average for the last 45 years is 363,000. Currently the 4WMA is 334,000 so this job environment is actually BETTER than average from an initial claims standpoint.
I've made countless comments in these economic threads about the anemic rate of growth. But there is growth. It is well below average for an economic recovery due to the stifling regulation from the Obama administration.
Nevertheless corporate profits are at record highs:
It could be better sure. But it has been a positive environment despite the government/regulation headwinds.