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Unemployment claims

Summary:
Over 1.5 million new claims for unemployment comp last week, still an alarming rate of decline. Never even got up to 700,000 in the 2008 recession: Total collecting benefits continues at over 20 million.Never even got to 7 million in the 2008 recession: Not to mention this, bringing the total to over 30 million workers:

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WARREN MOSLER writes Consumer sentiment, real retail sales, industrial production, wages

WARREN MOSLER writes New manufacturers orders, vehicle sales, unemployment claims, rents, oil prices

WARREN MOSLER writes Saudi price hike, private payrolls, new hires, corporate profits

WARREN MOSLER writes Pending home sales, Durable goods orders, oil rigs and production

Over 1.5 million new claims for unemployment comp last week, still an alarming rate of decline. Never even got up to 700,000 in the 2008 recession:

Unemployment claims

Unemployment claims

Total collecting benefits continues at over 20 million.
Never even got to 7 million in the 2008 recession:

Unemployment claims

Unemployment claims
Not to mention this, bringing the total to over 30 million workers:

Unemployment claims

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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