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America - Jobless Claims Jump to 861,000

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posted on Feb, 18 2021 @ 11:18 AM

Hell0 Joe whata ya know !

Yup looks like the Biden/Democrat plan is going as planned.

Smoothie to make more people file for unemployment claim cash.

Kamala smiling into her mirror.

Nancy and Chuck happy as pigs in mud.

We know Trump's policies had Unemployment down to a 3.5% average !!

What's the NWO/Democrat "REAL" "goal" ?

New weekly jobless claims unexpectedly rose by 13,000 to 861,000 in the week that ended February 13, the Department of Labor said Thursday.

Economists had expected claims to fall to 768,00 from the 793,000 initially reported for the prior week. The previous week’s figure was revised up by 55,000 to 848,000.

Jobless claims can be volatile week to week so economists like to look at the four-week average. This fell to 833,250, 3,500 below the prior week’s average.

Jobless claims—which are a proxy for layoffs—remain at extremely high levels. Prior to the pandemic, the highest level of claims was 695,000 hit in October of 1982. In March of 2009, at the depths of the financial crisis recession, jobless claims peaked at 665,000.

Even when the economy is creating a lot of demand for workers, many businesses will shed employees as they adjust to market conditions. But in a high-pressure labor market, those employees quickly find jobs and many never show up on the employment rolls. What appears to be happening now is that many workers who lose their jobs cannot quickly find replacement work and are forced to apply for benefits.

Jobless Claims Jump to 861,000, Much Worse Than Expected


posted on Feb, 18 2021 @ 11:35 AM
a reply to: xuenchen

That video was more disgusting than his policies..... like a Lifetime special....

Has anything positive happened since January 20th with this administration? Would really like someone to provide a positive.

posted on Feb, 18 2021 @ 11:39 AM
Is still more to come, Virginia is passing legislation to kill the coal subsidies in the state, that means more unemployed, also we still do not have the bulk of the pipe line unemployment numbers it probably tops 1 million by then, but is ok, we got the border full if illegals waiting to come it.

Got to love Democrats they sure like to keep the welfare state high, wait for the taxes, they are coming no doubt about it.

Is ok, when China starts doing their solar panel sales people can line up and get a job working for China in the US.

posted on Feb, 18 2021 @ 11:44 AM
a reply to: xuenchen

Many of my clients have already prepared for the economic downturn since the election.

posted on Feb, 18 2021 @ 11:47 AM
a reply to: Bluntone22

Yes, we are too, my daughter started from the beginning and she have a job that is on going and in high demand plus lives in a state that it never really closed the economy, Florida.

posted on Feb, 18 2021 @ 12:42 PM
UBI...Thats the goal..a reply to: xuenchen

posted on Feb, 18 2021 @ 04:19 PM
And with a stroke of his pen in his first month of office

does anyone know how many people became unemployed

because of Biden signing an Executive Order?

Well Biden supporters knew he was going to kill those
jobs, he said as much when he was running for office,
so if that is what Biden supporters voted for, to kill
jobs, we all have to live with it, don't we?

edit on 2/18/21 by The2Billies because: addition

posted on Feb, 18 2021 @ 04:26 PM
a reply to: xuenchen

Wait till the Biden-Harris $15.00 minimum wage is signed into law. Millions will find themselves unemployed very quickly. Then, inflation will creep in to every U.S. made product and service. Seniors living on non-investment income will be devastated.

posted on Feb, 18 2021 @ 06:22 PM
a reply to: The2Billies

A lot of people would feel much better bout it if they had any reason to believe the democrats were actually elected, and not just put in power by those who bought and paid for the election system.

posted on Feb, 18 2021 @ 06:31 PM
The thing that bothers me, no actually it pisses me off, and he harped constantly on the unemployment numbers during the election, is that THEY CREATED THIS! WE ALL KNOW THAT THEY ARE THE "LOCK DOWN PARTY"

Do Americans really have such a short memory that they forget how good things were going pre covid? Trump let the states decide what was best for themselves and the democrat states declared it was best to burn their economy and job market to the effing ground! And Biden was the first one to cheer them on.

So yes there are a lot of people out of work, and I'd be willing to bet that most if not all are due to democrats tanking the economy.

This mfer has done nothing but lie and destroy every job his ink pen could reach, and I'm sure he's not done. We have GOT to get rid of these awful people, for christs sake....

posted on Feb, 18 2021 @ 07:31 PM
Biden and Harris just keep winning.

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