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Over 18 Million Americans Are Still On Government Jobless Benefits

Over 18 Million Americans Are Still On Government Jobless Benefits

After unexpectedly plunging in the prior week, initial jobless claims were expected to modestly rise this week and they did from 730k to 745k…

Source: Bloomberg

Texas (amid all the storm-driven chaos) saw the biggest jump in claims as Missouri saw the biggest improvement

While ‘normal’ continuing claims continue to improve, pandemic emergency claims remain near record highs…

Source: Bloomberg

But more than 18 million Americans are still on the dole…

Not exactly the recovery we’d been promised!

Tyler Durden
Thu, 03/04/2021 – 08:36

Chairman - Big Ben Bernanke

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