At 184,000 claims, adjusted for seasonal swings, it was the lowest level of initial claims since September 1969, when the figure stood at 182,000.It was also a lower count than economists had predicted. It's further proof that America's jobs recovery is pushing ahead this winter, with employers vying for staff and workers having plenty of jobs to choose from.
"Usually, it is not really worth discussing seasonals as the adjustment process is usually well calibrated and does a good job smoothing out the expected wiggles," said Jefferies Money Market Economist Thomas Simons in a note to clients.But the pandemic has complicated this a lot. Last summer, when claims were still in the millions, the Labor Department made a change to its adjustment methodology.
What about the people that can't claim benefits. How many are needing snap or food stamps along with state health care. I just can't believe this is a correct representation of the jobless.
This is good news for John McCain.
They are not factoring in how many have quit the workforce through re-location or retirement.
Thanks Brandon.
Acosta Trumpers should be flying “thank you Brandon” flags!
Jajaja April has come early
CNNPolitics Thank you President Biden for record number of available jobs in history that no one wants, and for convincing thousands of Americans that it’s better to retire or quit than actually be a part of making America strong again!!
I need to see proof of this statement
These figured are fake just like the Brandon election
Damn, Brandon…
Is the Labor Dept. including the 11+ million 'unofficial unemployed' in those numbers?
cnnfake3
Still , the number of new claims came in near their pre- pandemic weekly average of 2,20,000 .
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