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US jobless claims rise up to 719k, up 61,000 last week

Posted on 4/1/21 at 8:11 am
Posted by The Pirate King
Pangu
Member since May 2014
57618 posts
Posted on 4/1/21 at 8:11 am
Shocked I tell you. This is before Biden’s massive tax hikes on corporations too.

LINK /

quote:

WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose by 61,000 last week to 719,000, signaling that many employers are still cutting jobs even as more businesses reopen, vaccines are increasingly administered and federal aid spreads through the economy.
Posted by Tshiz
Idaho
Member since Jul 2013
7545 posts
Posted on 4/1/21 at 8:12 am to
Companies will be outsourcing like a MF once they need to cut operations costs here soon
Posted by Swagga
504
Member since Dec 2009
16119 posts
Posted on 4/1/21 at 8:14 am to
Liberals don’t care at all, as long as Biden is getting likes on twitter that’s all that matters.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73285 posts
Posted on 4/1/21 at 8:15 am to
But Orange tweets were mean
Posted by Eat Your Crow
caught beneath the landslide
Member since May 2017
9190 posts
Posted on 4/1/21 at 8:16 am to
Liberals
Posted by Splackavellie
Bayou
Member since Oct 2017
9796 posts
Posted on 4/1/21 at 8:16 am to
Thanks Biden!
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11077 posts
Posted on 4/1/21 at 8:18 am to
No worries. Tax increases and more unemployment benefits should bring those people back to the workforce
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 4/1/21 at 8:19 am to
Just wait until we beat COVID
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
59599 posts
Posted on 4/1/21 at 8:21 am to
Something new will be unleashed first.
Posted by bbap
Baton Rouge, LA
Member since Feb 2006
96006 posts
Posted on 4/1/21 at 8:24 am to
It's probably just a one off data point. it dropped considerably the week before.


So either the week before, or this week were probably just a skewed data point. Overall it's still trending in the right direction.


eta: not a biden supporter at all, but one data point does not make a trend, especially when the week before was WAY down from two weeks ago.
This post was edited on 4/1/21 at 8:26 am
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167113 posts
Posted on 4/1/21 at 8:25 am to
Look on the bright side...at least they don't have to buy high priced gas for their commute
This post was edited on 4/1/21 at 8:26 am
Posted by WPBTiger
Parts Unknown
Member since Nov 2011
30890 posts
Posted on 4/1/21 at 8:36 am to
quote:

US jobless claims rise up to 719k, up 61,000 last week


and this is with more things opening up. Thanks Biden.
Posted by DollaChoppa
I Simp for ACC
Member since May 2008
84774 posts
Posted on 4/1/21 at 8:40 am to
It’s wild how often I have to double check that I’m on the OT and not the poli board
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
118943 posts
Posted on 4/1/21 at 8:42 am to
quote:

Companies will be outsourcing like a MF once they need to cut operations costs here soon




Yep, once all the trillions in tax hikes hit everyone, jobs will be fleeing like they are on fire.


Someday I hope democrats understand how economics works.
Posted by goofball
Member since Mar 2015
16855 posts
Posted on 4/1/21 at 8:47 am to
So we still have not recovered from the Covid economic sanctions.
Posted by tankyank13
NOLA
Member since Nov 2012
7713 posts
Posted on 4/1/21 at 8:51 am to
quote:

It’s wild how often I have to double check that I’m on the OT and not the poli board


Do you consider your job political?
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41072 posts
Posted on 4/1/21 at 8:55 am to
Not sure why anyone believe any number that any gov't agency puts out.
Posted by 4x4tiger
Louisiana
Member since Feb 2006
2779 posts
Posted on 4/1/21 at 9:06 am to
I've heard of people quitting their jobs to get the $300 per week fed unemployment. I thought if you quit you weren't eligible?
Posted by A Menace to Sobriety
Member since Jun 2018
28936 posts
Posted on 4/1/21 at 9:29 am to
Biden's America guys.

China Joe ain't my president and never fricking will be. No sir.
Posted by 3nOut
Central Texas, TX
Member since Jan 2013
28825 posts
Posted on 4/1/21 at 9:30 am to
quote:

It’s wild how often I have to double check that I’m on the OT and not the poli board



sometimes conversations with the general public is a bit more well rounded than an echo chamber. i'm right wing and all, but having discussions outside of "biden sucks and trump is awesome" regarding current news on the circle jerk board (which i have plenty of posts on) can be a bit more refreshing.
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