The economy has recaptured some 11.4 million positions, or about half those who were sidelined. The unemployment rate has come down to 7.9% but is still more than double its pre-pandemic level.The insured unemployment rate, a simple measure that compares those receiving benefits against the total labor force, slid 0.9 percentage point to 6.8%.
However, recipients under the program accounted for more than half of those getting unemployment benefits as of Sept. 26. Those receiving benefits under the emergency claims portion of the pandemic program increased by more than 800,000, though that data also is two weeks old.
CrookedJoeBiden
Let’s get a 1million claims week to get this stimulus moving.
Misleading headline, I was expecting way more than your chart shows
It's not a 'jump', but an increase in claims this close to holiday is strange. Perhaps due to California reopening applications and the Disney layoffs? Still, cont. claims continue to drop. And this slight increase has pressured stimulus talks.
Looks flat to me
The troubling part about this chart is how steady it's been since August
56,000 rise in new claims. 1,165,00 drop in continuing claims. CNBC chooses to accentuate the small increase, but leaves the huge decrease to page 2. This is how media influeces the narrative. They tell the truth, but highlight the negative and downplay the positive.
Our point of reference is a mere two months ago. That’s how dogshit the economy is!
concast
TrumpIsANationalDisgrace
'jump'
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U.S. Jobless Claims Rose to 898,000 Last WeekU.S. jobless claims hovered above 800,000 for a seventh week, the Labor Department reported Thursday, continuing to point to a slowing labor-market recovery. Donald Trump As you ignore a Crisis Fund for Main Street, You allocate 7 BILLION Hard Earned Tax Dollars from the Defense Fund on a USELESS FENCE you can TUNNEL UNDER or CLIMB OVER! USE YOUR BRAIN! There are more VOTES on Main Street THAN Wall Street! Donald “GO TO WORK!” “YOU ARE A PUBLIC SERVANT!” Your Administration’s Current RESULTS in managing the pandemic response! *Failed Crisis Fund *221,888 DEATHS still 1K/D *30 Million unemployed losing their Company’s healthcare With RECORD: *Bankruptcies *Foreclosures *Evictions 2nd stimulus payments to Americans must go out NOW !
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