With more states ending their emergency handouts to the jobless, claims data is likely to start getting noisy but last week saw initial claims tumble more than expected (to a post-COVID low of 364k from 415k last week)
Source: Bloomberg
Pennsylvania remains an outlier among the states…
The total number of Americans of some form of government dole continues to hover just below 15 million…
Source: Bloomberg
Finally, a reminder of just how decoupled benefit-gobbling non-jobseekers have become from job openings in America…
Source: Bloomberg
As pandemic aid receivers barely budged…
The free-money non-workfest however is coming to an end soon.
More from GoldSilver.com News
Biden, in a Progressive Push, Taps Three Democrats to Join Federal Reserve: Barron's
Source Node: 1582311
Time Stamp: Jan 14, 2022
Treasury Secretary Yellen Says Spending Bills Will Be Anti-Inflationary, Lowering Important Costs
Source Node: 1308428
Time Stamp: Oct 29, 2021
Skimpflation, Shrinkflation and the Rising Rebellion of Workers and Consumers
Source Node: 1296430
Time Stamp: Oct 28, 2021
New Harvard Data Reveal How Lockdowns Crushed the Working Class While Leaving Elites Unscathed
Source Node: 903392
Time Stamp: Jun 17, 2021
China Is Kicking Out More Than Half the World’s Bitcoin Miners – A Lot Could Be Headed to Texas
Source Node: 895228
Time Stamp: Jun 16, 2021
Powell Says Fed Faces ‘Difficult Trade-Off’ if Inflation Doesn’t Moderate: WSJ
Source Node: 1104871
Time Stamp: Oct 1, 2021
Gold Dips on Dollar Advance As Traders Wait for U.S. Jobs Data
Source Node: 1877279
Time Stamp: Oct 5, 2021
If the Fed Doesn’t Slow the Pace of It's Monthly Bond Purchases in the Next Few Months
Source Node: 1080536
Time Stamp: Sep 17, 2021
The U.S. Banking System Is More Dangerous Today than in 1929, Thanks to the Fed’s Reg U and Swaps
Source Node: 1145001
Time Stamp: Oct 13, 2021
EU Starts $1 Trillion Debt Plan That Will ‘Transform’ Europe
Source Node: 898772
Time Stamp: Jun 14, 2021
World Food Costs at Risk of Soaring as China Faces Tough Harvest
Source Node: 1876651
Time Stamp: Sep 29, 2021