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Jaspal
2021-04-15

Wow good sign of economy recovery .

Initial Jobless Claims Crash To Pandemic Lows; There's Just One Thing...

After rising for two straight weeks, initial jobless claims crashed to pandemic lows, back below 600

Initial Jobless Claims Crash To Pandemic Lows; There's Just One Thing...

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There's Just One Thing...","url":"https://stock-news.laohu8.com/highlight/detail?id=1130235673","media":"zerohedge","summary":"After rising for two straight weeks, initial jobless claims crashed to pandemic lows, back below 600","content":"<p>After rising for two straight weeks, initial jobless claims crashed to pandemic lows, back below 600k for the first time since early March 2020...</p>\n<p><img src=\"https://static.tigerbbs.com/a71ff8b935ea46763c4c93fbcede78d5\" tg-width=\"500\" tg-height=\"263\"></p>\n<p><i>Source: Bloomberg</i></p>\n<p>Notably,<b>the drop in claims was largely driven by a 75,645 drop in California</b>... which, as Joe Brusuelas suggests, is<b>indicative of the problems that remain in processing claims, backlogs and fraud in the states</b>.</p>\n<p><img src=\"https://static.tigerbbs.com/e79ffb0be361187805aa7485f93433e5\" tg-width=\"500\" tg-height=\"529\">'Normal' Continuing Claims continue to drop as do Pandemic Emergency claims...</p>\n<p><img src=\"https://static.tigerbbs.com/43f92186df6b8a5a8c892348b1ea279c\" tg-width=\"500\" tg-height=\"264\"><i>Source: Bloomberg</i></p>\n<p>Finally, we note that the<b>number of Americans on some form of employment-based welfare fell below 17 million</b>for the first time since early January...</p>\n<p><img src=\"https://static.tigerbbs.com/6a2b80adb11126821c8c13c73e36b85e\" tg-width=\"500\" tg-height=\"267\"><i>Source: Bloomberg</i></p>\n<p>However, with no new stimmies on the horizon, and<b>employers finding it increasingly difficult to pry government-handout-heavy employees off the couch to do a day's honest work</b>, we wonder if this is as good as it gets for the post-pandemic jobs situation.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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