history, economics, and current events

BLS Initial Jobless Claims

BLS Initial Jobless Claims

The Bureau of Labor and Statistics report for initial jobless claims shows a jump to 3,283,000 from 282,000.

“The previous high was 695,000 in October of 1982.”[1][2]


[1] https://www.dol.gov/ui/data.pdf

[2] https://www.zerohedge.com/personal-finance/record-xx-million-americans-just-filed-unemployment-benefits

We Are Now in a Recession

We Are Now in a Recession

Don’t Eat the Seed Corn

Don’t Eat the Seed Corn