Mainecat Posted November 24, 2021 Share Posted November 24, 2021 Weekly jobless claims fall to lowest in 52 years. Great news…….. https://www.cnn.com/2021/11/24/economy/pandemic-unemployment-benefits/index.html Quote Link to comment Share on other sites More sharing options...
Snake Posted November 24, 2021 Share Posted November 24, 2021 Labor force participation rate... 61.3... 2 Quote Link to comment Share on other sites More sharing options...
Zambroski Posted November 24, 2021 Share Posted November 24, 2021 Just now, Snake said: Labor force participation rate... 61.3... Nice to see the Obama "Settled Science" calculator still works though. I can't wait to see how Biden is balancing the budget and paying off the national debt! Ahhh...I miss the good Ol' Obama days. Quote Link to comment Share on other sites More sharing options...
racer254 Posted November 24, 2021 Share Posted November 24, 2021 Lets go brandon. Man mc you are one hell of a cheerleader. Are you working, or unemployed? Quote Link to comment Share on other sites More sharing options...
Mainecat Posted November 24, 2021 Author Share Posted November 24, 2021 Beats Trump! Quote Link to comment Share on other sites More sharing options...
racer254 Posted November 24, 2021 Share Posted November 24, 2021 LOL. really just a shit show. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted November 24, 2021 Platinum Contributing Member Share Posted November 24, 2021 Now if we can get the unemployment rate down another 1.1 % it will be where it was in feb 2020 1 Quote Link to comment Share on other sites More sharing options...
SkisNH Posted November 24, 2021 Share Posted November 24, 2021 1 hour ago, Mainecat said: Beats Trump! How? Quote Link to comment Share on other sites More sharing options...
01mxz800 Posted November 25, 2021 Share Posted November 25, 2021 liberal fuzzy math Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted November 25, 2021 Platinum Contributing Member Share Posted November 25, 2021 Always comparing to Trump Rent free for life Quote Link to comment Share on other sites More sharing options...
XCR1250 Posted November 25, 2021 Share Posted November 25, 2021 "lowest jobless claims" because no one's Appling for jobs. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted November 25, 2021 Platinum Contributing Member Share Posted November 25, 2021 4 minutes ago, XCR1250 said: "lowest jobless claims" because no one's Appling for jobs. correct. They all already signed up. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted November 25, 2021 Author Share Posted November 25, 2021 Lowest in 52 years! Quote Link to comment Share on other sites More sharing options...
XCR1250 Posted November 25, 2021 Share Posted November 25, 2021 18 minutes ago, steve from amherst said: correct. They all already signed up. Help wanted signs everywhere we go, no ones filling those jobs, wife works at Walmart 23 miles from here, on her days off she gets called begging her to come to work on those days days off as they can't find anyone to work, it's the same everywhere we look. Jobless claims are down due to you must apply for work to collect unemployment benefits so they simply quit applying. 1 Quote Link to comment Share on other sites More sharing options...
Snake Posted November 25, 2021 Share Posted November 25, 2021 59 minutes ago, Mainecat said: Lowest in 52 years! The drop in the unemployment rate last month to 7.9% from 8.4% was more the result of people dropping out of the labor force — or giving up looking for work — than it was people finding jobs. Details: The labor force participation rate decreased by 0.3 percentage point to 61.4% in September and has fallen 2 percentage points from its February levels to the lowest since March 1976. To put that in perspective: The 2.5 percentage point drop in labor force participation from March to April was the largest in history and the rebound has only gone halfway and now reversed. The employment-population ratio, at 56.6%, is 4.5 percentage points lower than in February. Watch this space: Women have fared especially poorly in this recession. Women's labor force participation rate dropped to 55.6% in September, the lowest it has been since February 1987. 865,000 women dropped out of the labor force, compared to 216,000 men. Of note: BLS points out that last month about 4.5 million people were prevented from looking for work due to the pandemic and therefore not counted as unemployed, though this declined from 5.2 million in August. "To be counted as unemployed, by definition, individuals must either be actively looking for work or on temporary layoff," the bureau says. 2 Quote Link to comment Share on other sites More sharing options...
racer254 Posted November 25, 2021 Share Posted November 25, 2021 The government is giving out money and so No one wants to work because there is no incentive to work. Just like socialism, it is what the lazy liberals of the world have been looking for and hoping for. And guess what is next, there will be no money for taxes. Slowly, this will happen just as most conservatives have predicted, just like the "failed class" scenario that I posted. 2 Quote Link to comment Share on other sites More sharing options...
XCR1250 Posted November 25, 2021 Share Posted November 25, 2021 As usual MC shot himself in the foot once more, man that has to hurt every day. Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted November 25, 2021 Share Posted November 25, 2021 20 hours ago, Mainecat said: Beats Trump! Show your math Quote Link to comment Share on other sites More sharing options...
Mainecat Posted November 25, 2021 Author Share Posted November 25, 2021 The lowest in 52 years. Quote Link to comment Share on other sites More sharing options...
XCR1250 Posted November 25, 2021 Share Posted November 25, 2021 50 minutes ago, Ez ryder said: Show your math He's too freaked out to do that from posting another meaningless thread as shown above by several folks here with real time info, just another fail on "imminents" many other failed threads/topics. Quote Link to comment Share on other sites More sharing options...
Gold Member Stephen Hawking Posted November 25, 2021 Gold Member Share Posted November 25, 2021 1 hour ago, Mainecat said: The lowest in 52 years. Your IQ, yeah I agree. 1 Quote Link to comment Share on other sites More sharing options...
Deephaven Posted November 26, 2021 Share Posted November 26, 2021 11 hours ago, racer254 said: The government is giving out money and so No one wants to work because there is no incentive to work. The basis of Marxism. When people are allowed to vote, they choose to not work thus enabling the removal of incentive and destruction of the economy. Sad to see it happen here. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted November 26, 2021 Share Posted November 26, 2021 11 minutes ago, Deephaven said: The basis of Marxism. When people are allowed to vote, they choose to not work thus enabling the removal of incentive and destruction of the economy. Sad to see it happen here. Yep. The real problem with our voting issues lies in those depending on unearned government entitlements being able to vote. It’s about as stupid as Congress voting to give themselves raises. 1 Quote Link to comment Share on other sites More sharing options...
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