Jobless claims plunge to 199K, lowest level since 1969

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Nero
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Re: Jobless claims plunge to 199K, lowest level since 1969

Unread post by Nero »

VerminHex wrote: November 24th, 2021, 1:58 pm Almost every person who became unemployed the last year and a half has already received unemployment benefits, and it's run out. There just aren't that many people eligible. The rest simply won't work. There are 100M not in the work force, and not interested in being in the work force.
iicics
From the Bureau of Labor Statistics:
"The number of persons not in the labor force who currently want a job was 6.0 million in
October, essentially unchanged over the month but up by 968,000 since February 2020. These
individuals were not counted as unemployed because they were not actively looking for work
during the 4 weeks preceding the survey or were unavailable to take a job.

Among those not in the labor force who wanted a job, the number of persons marginally
attached to the labor force was little changed at 1.7 million in October. These individuals
wanted and were available for work and had looked for a job sometime in the prior 12
months but had not looked for work in the 4 weeks preceding the survey. The number of
discouraged workers, a subset of the marginally attached who believed that no jobs were
available for them, was essentially unchanged over the month at 455,000."
realclearpolitics.com: Biden Job Approval: (11/1-29 ) 42.2% Approve/52.1% Disapprove
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Re: Jobless claims plunge to 199K, lowest level since 1969

Unread post by VerminHex »

Nero wrote: November 24th, 2021, 2:27 pm iicics
From the Bureau of Labor Statistics:
"The number of persons not in the labor force who currently want a job was 6.0 million in
October, essentially unchanged over the month but up by 968,000 since February 2020. These
individuals were not counted as unemployed because they were not actively looking for work
during the 4 weeks preceding the survey or were unavailable to take a job.

Among those not in the labor force who wanted a job, the number of persons marginally
attached to the labor force was little changed at 1.7 million in October. These individuals
wanted and were available for work and had looked for a job sometime in the prior 12
months but had not looked for work in the 4 weeks preceding the survey. The number of
discouraged workers, a subset of the marginally attached who believed that no jobs were
available for them, was essentially unchanged over the month at 455,000."
Which has nothing to do with what I said.
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quad489
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Re: Jobless claims plunge to 199K, lowest level since 1969

Unread post by quad489 »

Nero wrote: November 24th, 2021, 2:24 pm If that were true Biden wouldn't have outraised Trump by a considerable margin in campaign financing. You gotta have money to donate money.
:biglaugh: :biglaugh: :biglaugh: :biglaugh: :biglaugh: :biglaugh: :biglaugh:
“Poor kids are just as bright and just as talented as white kids.” - "Now we have over 120 million dead from COVID" - "When the stock market crashed, Franklin Roosevelt got on the television..." - Let's Go Brandon
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Re: Jobless claims plunge to 199K, lowest level since 1969

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quad489 wrote: November 24th, 2021, 4:25 pm ---
Biden: CANDIDATE COMMITTEE MONEY: $1,044,187,828 & OUTSIDE MONEY: $580,113,800
Trump: CANDIDATE COMMITTEE MONEY: $773,954,550 & OUTSIDE MONEY: $313,954,719
https://www.opensecrets.org/2020-presidential-race
realclearpolitics.com: Biden Job Approval: (11/1-29 ) 42.2% Approve/52.1% Disapprove
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Re: Jobless claims plunge to 199K, lowest level since 1969

Unread post by quad489 »

Nero wrote: November 24th, 2021, 4:31 pm Biden: CANDIDATE COMMITTEE MONEY: $1,044,187,828 & OUTSIDE MONEY: $580,113,800
Trump: CANDIDATE COMMITTEE MONEY: $773,954,550 & OUTSIDE MONEY: $313,954,719
https://www.opensecrets.org/2020-presidential-race
Please advise WTF your campaign bribery money deflection responses has to do with my "Yep, but biden's "84 million" voters don't want to work for their livelihoods..." reply to oflguy's "Should be much lower. Businesses cannot find employees" comment?
“Poor kids are just as bright and just as talented as white kids.” - "Now we have over 120 million dead from COVID" - "When the stock market crashed, Franklin Roosevelt got on the television..." - Let's Go Brandon
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Re: Jobless claims plunge to 199K, lowest level since 1969

Unread post by Nero »

quad489 wrote: November 24th, 2021, 4:44 pm Please advise WTF your campaign bribery money deflection responses has to do with my "Yep, but biden's "84 million" voters don't want to work for their livelihoods..." reply to oflguy's "Should be much lower. Businesses cannot find employees" comment?
People who don't work don't have money to donate to political campaigns.
realclearpolitics.com: Biden Job Approval: (11/1-29 ) 42.2% Approve/52.1% Disapprove
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Re: Jobless claims plunge to 199K, lowest level since 1969

Unread post by quad489 »

Nero wrote: November 24th, 2021, 4:53 pm People who don't work don't have money to donate to political campaigns.
And your 3rd deflection appears...
:biglaugh: :biglaugh: :biglaugh: :biglaugh: :biglaugh: :biglaugh: :biglaugh:
“Poor kids are just as bright and just as talented as white kids.” - "Now we have over 120 million dead from COVID" - "When the stock market crashed, Franklin Roosevelt got on the television..." - Let's Go Brandon
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Re: Jobless claims plunge to 199K, lowest level since 1969

Unread post by Vercingetorix »

Nero wrote: November 24th, 2021, 2:07 pm Presidents get political benefit from the good things that happen during their administration and they get political blame from the bad things that occur during their term(s).
Yeah that is a morons philosophy. The same as a caveman that believed that the witch doctor had powers becauee they knew when there would be an eclipse.

Do you still have a bone in your nose?
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Re: Jobless claims plunge to 199K, lowest level since 1969

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Vercingetorix wrote: November 24th, 2021, 5:45 pm Yeah that is a morons philosophy. The same as a caveman that believed that the witch doctor had powers becauee they knew when there would be an eclipse.

Do you still have a bone in your nose?
The difference is that these cavemen and cavewomen have the vote. Nope, no bone.
realclearpolitics.com: Biden Job Approval: (11/1-29 ) 42.2% Approve/52.1% Disapprove
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Re: Jobless claims plunge to 199K, lowest level since 1969

Unread post by oflguy »

Nero wrote: November 24th, 2021, 1:51 pm Its not my terminology. The statistic is "weekly jobless claims." It means the number of people applying for first time unemployment benefits.
Yes, there are many people who are unemployed who are not applying for first time jobless benefits.
I'm glad you cleared that up.
I will NOT shut up and sit down like they want me to
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Re: Jobless claims plunge to 199K, lowest level since 1969

Unread post by posaune »

Nero wrote: November 24th, 2021, 11:27 am I'm happy with new jobless claims currently being lower than what Trump, George W. Bush, G.H.W. Bush, Reagan and Ford could produce.
Are you happy with Biden's labor participation rate being lower than what Trump, George W. Bush, G.H.W. Bush, and Reagan could produce? Pretty much tied with Ford.
Joe Biden job approval index 11/24/21: -28, 21% strongly approve, 49% strongly disapprove
Rasmussen Reports
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Re: Jobless claims plunge to 199K, lowest level since 1969

Unread post by Nero »

posaune wrote: November 25th, 2021, 8:23 am Are you happy with Biden's labor participation rate being lower than what Trump, George W. Bush, G.H.W. Bush, and Reagan could produce? Pretty much tied with Ford.
Sure, I'm happy.
It means that millions of baby boomers are financially secure enough to leave the labor force and go into retirement.
"Millions of baby boomers retired early during the pandemic"
https://www.axios.com/millions-of-baby- ... faebd.html
Image
https://www.ceicdata.com/en/indicator/u ... ation-rate
realclearpolitics.com: Biden Job Approval: (11/1-29 ) 42.2% Approve/52.1% Disapprove
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Re: Jobless claims plunge to 199K, lowest level since 1969

Unread post by posaune »

Nero wrote: November 25th, 2021, 12:16 pm Sure, I'm happy.
It means that millions of baby boomers are financially secure enough to leave the labor force and go into retirement.
"Millions of baby boomers retired early during the pandemic"
https://www.axios.com/millions-of-baby- ... faebd.html
Image
https://www.ceicdata.com/en/indicator/u ... ation-rate
Thanks to the possibility created by President Trump. Unfortunately many will now have to go back to work to cover for the inflation Biden policies have created. Retired people can’t get the incentive to “stay at home and not work” government payouts.
Joe Biden job approval index 11/24/21: -28, 21% strongly approve, 49% strongly disapprove
Rasmussen Reports
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Re: Jobless claims plunge to 199K, lowest level since 1969

Unread post by Nero »

posaune wrote: November 25th, 2021, 8:37 pm Thanks to the possibility created by President Trump. Unfortunately many will now have to go back to work to cover for the inflation Biden policies have created. Retired people can’t get the incentive to “stay at home and not work” government payouts.
The pandemic is tough on jobs and employment for all age groups. Millions who could be in the workforce are also in two year, four year and graduate schools, an estimated 20 million people. The workforce is determined by age group, 16 to 65.
Because of inflation, retirees are going to receive the largest cost of living increase in decades, 5.9% beginning January 1.
realclearpolitics.com: Biden Job Approval: (11/1-29 ) 42.2% Approve/52.1% Disapprove
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Re: Jobless claims plunge to 199K, lowest level since 1969

Unread post by posaune »

Nero wrote: November 26th, 2021, 10:30 am The pandemic is tough on jobs and employment for all age groups. Millions who could be in the workforce are also in two year, four year and graduate schools, an estimated 20 million people. The workforce is determined by age group, 16 to 65.
Because of inflation, retirees are going to receive the largest cost of living increase in decades, 5.9% beginning January 1.
Funny how now you blame job losses on the pandemic, yet while Trump was in office lefty blamed him.

The COLA only applies to social security which millions of Americans do not receives as we are on private or state retirement programs. A COLA of 5.5% will not keep up with inflation. I'll have to wait for my COLA which comes in July.
Joe Biden job approval index 11/24/21: -28, 21% strongly approve, 49% strongly disapprove
Rasmussen Reports
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