Historically Low New Jobless Claims

[RandPaulsNeighbor]

https://www.cnbc.com/2021/12/30/weekly-jobless-claims-total-198000-less-than-expected.html


Not sure why we keep having Yahoo's bull shit misleadingly titled article posted here, but there are better options out there.

[greenjar_01]

1. Another! ANOTHER!

[Throck]

2. I've seen this statistical anomaly before.

Jobless claims go down when unemployment benefits run out and people can no longer file claims. It's a sad statistic.

People at the end of their rope have to file for welfare, food stamps and other assistance programs just to survive but it's no longer unemployment and they fall off that statistical list.

[RandPaulsNeighbor]

3. New Claims

This number reflects new claims, not the number of people falling off of unemployment. As the article states, the new claim's number most accurately reflects the number of new layoffs.

[Throck]

4. Would they be inclusive of continued claims?

[RandPaulsNeighbor]

5. Not According to the Article.

The article says the number best represents a decline in layoffs across the country.