Total continuing claims for unemployment benefits ran at the lowest level in 28 years at the beginning of May, the Department of Labor reported Thursday morning in a new sign that the jobs market is still improving.
The total number of unemployed workers receiving benefits fell to 1.9 million, the agency said, the lowest such mark since November of 1988, when the workforce was much smaller.
Over the past month, the average number of continuing claims per week has clocked in at 1.95 million, the lowest number in 43 years.
More @ Washington Examiner
94+ million still out of worforce. That's a number that needs to be reduced.
ReplyDeleteThink about it, nearly 1 third of the population just have given up on working.
Mind boggling.
DeleteQuantitative Tightening should harm bond prices and also deflate stocks, other inflated assets (eg. housing):
ReplyDeletehttps://dailyreckoning.com/get-ready-quantitative-tightening/
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Video games to blame for unemployment. I don't suggest any sort of regulation is needed on video games, just something people should know to be wary of.:
http://discovery.economist.com/brpr?article=2821313
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Jesse Colombo says bubble burstings will bring an end to socialism in Scandinavia: https://twitter.com/TheBubbleBubble/status/865245102003957760
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Total per capita debt is very high: https://twitter.com/TheBubbleBubble/status/865213375185383424
Thanks and I don't think I'm going to like my $100K home improvement loan much longer.............:)
Deletehttps://freenorthcarolina.blogspot.com/2017/05/get-ready-for-quantitative-tightening.html
If we didn't have the Federal Reserve Banking system meddling, things would be much better.
ReplyDeleteI'm not a devotee of the "free market". I believe government action can be good. But in the US, it's rare that any government action is a positive.
I don't like central banks though. They appear harmful to me.
If we didn't have the Federal Reserve Banking system meddling, things would be much better.
DeleteAbsolutely,