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Economy
Job growth slows
2021-07-09
  • [CNBC] Initial filings for unemployment insurance unexpectedly rose last week, a possible hint that the rapid job growth seen in the first half of 2021 could face hurdles.

  • First-time jobless claims totaled 373,000 for the week ended July 3, compared with the 350,000 Dow Jones estimate.

  • The level of continuing claims, the measure of ongoing benefits, decreased to 3.34 million, down 145,000 from the previous week’s revised level.

Related:
Unemployment insurance: 2021-02-27 House Democrats pass sweeping $1.9T COVID-19 relief bill with minimum wage hike
Unemployment insurance: 2021-02-01 Kamala Harris Sends Joe Manchin and Kirsten Sinema a Not-So-Subtle Message
Unemployment insurance: 2020-10-17 More people receiving unemployment benefits than are unemployed, research finds
Related:
Jobless claims: 2021-07-02 Slow Recovery from Covid Rescession Continues
Jobless claims: 2021-06-18 Jobless Claims Exceed Expectations - Unexpectedly!
Jobless claims: 2021-05-20 US jobless claims decline to 444,000
Related:
Continuing claims: 2021-07-02 Slow Recovery from Covid Rescession Continues
Continuing claims: 2021-03-26 Dupe entry: Good News: Declines in new and continuing jobless numbers
Continuing claims: 2015-04-08 Greece Seeks $305 Billion in WWII Reparations From Germany
Posted by:Fred

#7  Unexpectedlyâ„¢
Posted by: magpie   2021-07-09 17:18  

#6  Supplemental unemployment holding back Colorado’s recovery

No shit...
Posted by: DarthVader   2021-07-09 11:56  

#5  Jobs are plentiful but they don't bay enough to beat the benefits available without working, and to withhold those benefits is cruel and heartless, and forcing people to work for their supper is slavery...
Posted by: Glenmore   2021-07-09 10:06  

#4  a rise in new applications for Unemployment insurance does not necessarily mean job growth is slowing

they are on different tracks and different cycles

and as TW says, the Covid bonus unemployment payments are ending in a dozen or more states so that will move the numbers over the next two months
Posted by: Lord Garth   2021-07-09 09:48  

#3  As the Covid unemployment payments stop in each state, people will go back to work.
Posted by: trailing wife   2021-07-09 08:10  

#2  The Nation That Wouldn’t Get Out Of Bed And Go To Work

A country of roughly 330 million has more than 9 million job openings, and 9.5 million unemployed. This is a disgrace, a clear indication that our American character and work ethic are slipping, a rolling tragedy that’s been authored by the Democrats.

read the rest at the link
Posted by: Goober Uniper5178   2021-07-09 03:32  

#1  Jobs are there, people are slow
Posted by: Chris   2021-07-09 03:01  

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