Posted on 04/14/2016 6:26:31 AM PDT by John W
WASHINGTON—The number of U.S. workers who applied for new unemployment benefits fell for the second straight week to match its lowest level since 1973, in the latest sign of a robust labor market.
Initial claims for jobless benefits, a proxy for layoffs across the U.S. economy, fell by 13,000 to a seasonally adjusted 253,000 in the week ended April 9, the Labor Department said Thursday.
(Excerpt) Read more at wsj.com ...
Great news, everyone is employed except those who can’t find employment.
I raise and sell unicorns and business has never been better.
So-much-bullsh**-an-army-of-steamshovels-could-not-clear-this-field ping.
So we have gotten to the “They pretend to pay us, we
pretend to work” stage.
New Five Year Plan out plans last year’s Five Year Plan!
Sad.
Bull to the shit. Look up “creative accounting”.
CC
Gee, I wonder if they will ever use the ratio of those of working age who are in/out of work as an indicator.....
90+ million adults out of work and they write stories like this. I really hate the media.
Restaurant and bar jobs abound to serve those who wine and dine with their EBT cards.
Obama has almost everyone possible on the government dole now.
Did they report the U5 and the U6? If not, then it’s mere propaganda, like Barry’s golf scores.
I just got a job after a very long and demoralizing hiatus, lightened off and on with too few independent contracts. It is true that what I earn in the new job pays in two days what I used to make per hour, but thanks to globalism I was able to buy new, made-in-Vietnam boots for the job at $19.95.
I’m not complaining. I am doing all I can at work to bring success to that business and the manager who hired me. I am grateful to God for answered prayers that a job did come through, and that I have health enough to do the work.
Notwithstanding those facts, there is no denying that many find themselves in a deteriorated position, and with declining prospects. The nation has been sick and getting sicker since it was perverted with globalism. January 20, 1989 was a landmark date for American decline.
Say, WSJ, while you're on the subject (or whatever you're on), how's that Labor Participation Rate and Food Stamp Recipient number compare to 1973's numbers?
Lowest. Workforce. Participation. Rate. In. History.
I filed my very first unemployment claim just last week.
I worked NON-STOP 42+ years.
(at least I get the max benefit allowed in my state)
Meanwhile, the DOW is up 186,500 points on this news.
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