REAL CONSERVATIVES

NEVER TOLERATE TYRANNY!....Conservative voices from the GRASSROOTS.

While the Washington DC politician/government employee complex fight to gain control over President Trump,

We the People and our treasured USA are benefiting on a scale never before thought possible.

The mere presence of President Trump in our nation's capital has brought significant change and positive results.

`

Unemployment claims fall to lowest level in 43 years, despite hurricanes

by Joseph Lawler |

`

`

The total number of laid-off workers receiving unemployment benefits fell to 1.89 million at the end of September, the Department of Labor reported Thursday, the lowest such mark in nearly 44 years.

And new claims for unemployment benefits dropped 15,000 to 243,000 in the first full week of October, according to the agency, as the job market bounces back from hurricane damage even faster than forecasters expected.

Low new jobless claims are a good sign. They indicate that layoffs are rare, and accordingly that job creation is strong.

Unemployment benefits are available for up to 26 weeks in most states. Fewer people are now receiving benefits of all duration than at any time since December of 1973, when the total workforce was much smaller. That is a reflection of the strength of the jobs market, and the availability of new positions for laid-off workers.

Prior to the landfall of Hurricanes Harvey, Irma, and Maria, claims had been running at ultra-low rates. With Texas and Florida now recovering, new claims again appear to be sinking to levels that indicate robust job creation. First-time claims in the states most affected by the storms are still high, but have fallen in recent weeks.

"The data suggest that payrolls will bounce back quickly after last month's hurricane-related weakness and that the underlying trend in employment growth remains strong -- more than strong enough to keep the unemployment rate declining," noted Jim O'Sullivan, chief U.S. economist for High-Frequency Economics.

Economists calculate that new claims below the 300,000 mark indicate that unemployment will remain stable or fall.

Good claims numbers, which are released weekly, are one of the factors that will reassure officials in the Trump administration and at the Federal Reserve that the jobs recovery is intact, even though the hurricanes generated net job losses in September.

Minutes from the Fed's September monetary policy meeting, released Wednesday, suggested that the central bank still sees the economy as healthy enough to justify raising rates again this year.

The media will try to ignore the positives and accentuate the negatives, as they have, ever since President Trump intelligently used the electoral college to his advantage and won the November election.

It's a slice of United States history that can never be rewritten.

And we were there to see it happen, make it happen and now . . . . we're gonna MAGA!

 

Views: 19

Comment

You need to be a member of REAL CONSERVATIVES to add comments!

Join REAL CONSERVATIVES

BOOK STORE

.

opencomments316

SUPPORT

REAL CONSERVATIVES 

Order our book!

$ 9.95

INSTANT DOWNLOAD

TO ORDER

CLICK HERE:

http://www.lulu.com/shop/raymond-athens/right-side-up/ebook/product-17358205.html

TO ORDER

CLICK HERE:

http://www.lulu.com/shop/raymond-athens/right-side-up/ebook/product-17358205.html

 

The book RIGHT SIDE UP is a compilation of choice content from this web site...reflecting sometimes forgotten, purely Traditional American Values...

*********************

The Unborn

...let them BE !

Image result for BABY BLUE EYES

TO ORDER

CLICK HERE:

http://tpartyus2010.ning.com/forum/topics/save-a-life-and-maybe-a-soul

 

*****************

.

.

RICHARD

ALLAN

JENNI'S

THE

DANNY MALONE TRILOGY

CLICK HERE:

http://www.amazon.com/Danny-Malone-Trilogy-Mohammeds-Daughter/dp/1432724932

"The Fox, Golden Gate and Mohammed's Daughter"

Paperback

*************************

© 2024   Created by Your Uncle Sam.   Powered by

Badges  |  Report an Issue  |  Terms of Service