New unemployment claims hit lowest number in 45 years

Started by walkstall, March 30, 2018, 05:51:21 PM

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walkstall



snip~
Fewer Americans are filing for unemployment benefits now than at any time since January 1973, according to reports released Thursday by the Department of Labor.

Jobless claims for the week ending March 24 dropped to 215,000. This is lower than the 230,000 expected, and 12,000 less than the previous week. Anything under 300,000 for a single week is considered consistent with a healthy job market. Unemployment claims have remained under 300,000 for the past 158 weeks in a row. This is the longest streak under 300,000 since 1970.


more @
https://www.theblaze.com/news/2018/03/29/new-unemployment-claims-hit-lowest-number-in-45-years/?utm_source=dlvr.it&utm_medium=twitter
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

supsalemgr

Quote from: walkstall on March 30, 2018, 05:51:21 PM

snip~
Fewer Americans are filing for unemployment benefits now than at any time since January 1973, according to reports released Thursday by the Department of Labor.

Jobless claims for the week ending March 24 dropped to 215,000. This is lower than the 230,000 expected, and 12,000 less than the previous week. Anything under 300,000 for a single week is considered consistent with a healthy job market. Unemployment claims have remained under 300,000 for the past 158 weeks in a row. This is the longest streak under 300,000 since 1970.


more @
https://www.theblaze.com/news/2018/03/29/new-unemployment-claims-hit-lowest-number-in-45-years/?utm_source=dlvr.it&utm_medium=twitter

Just think where that number would be if states required 30 hours a week from able bodied recipients.
"If you can't run with the big dawgs, stay on the porch!"

T Hunt

Quote from: supsalemgr on March 31, 2018, 05:25:11 AM
Just think where that number would be if states required 30 hours a week from able bodied recipients.

Just curious, how would that work exactly? Would they spend 30hrs doing community service for the state? Would the state hire them out to private companies? Or would you need to have normal parttime employment in order to recieve benefits?
"Let's Go Brandon, I agree!"  -Biden

supsalemgr

Quote from: T Hunt on March 31, 2018, 10:59:21 AM
Just curious, how would that work exactly? Would they spend 30hrs doing community service for the state? Would the state hire them out to private companies? Or would you need to have normal parttime employment in order to recieve benefits?

My thought is it would be community service run by the local governments, not the feds. The idea is they are doing something and might be motivated to look for something better than picking up street trash. They would be required to show up for work and what that work would be would be determined by daily needs.
"If you can't run with the big dawgs, stay on the porch!"