Breaching 300K

Breaching 300K

Initial US jobless claims fell below 300,000 last week, a milestone of sorts. 293,000 Americans filed for unemployment benefits in the week to October 9, the least since the onset of the pandemic (figure below). The range of estimates, from 43 economists, was 300,000 to 335,000. The four-week moving average fell to 334,250. Continuing claims for the week ended October 2 were 2.593 million. That too was better than expected. Economists had penciled in 2.67 million. This marked the second co
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2 thoughts on “Breaching 300K

    1. Exactly my thoughts! For the past 5 years the Right’s blame game has been that immigrants are responsible for all of their woes. Well the anti-immigration policies surely aren’t going to get these crap jobs that no citizen wants to work filled are they??

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