Great again? Jobless claims lowest since 1973

[aegsm76]

link
https://www.bloomberg.com/news/artic...u-s-job-market
snippet
Filings for unemployment benefits plunged last week to the lowest level since 1973 as workers affected by hurricanes Harvey and Irma continued to return to their jobs, Labor Department figures showed Thursday.

[Jito463]

Originally Posted by aegsm76

link
https://www.bloomberg.com/news/artic...u-s-job-market
snippet
Filings for unemployment benefits plunged last week to the lowest level since 1973 as workers affected by hurricanes Harvey and Irma continued to return to their jobs, Labor Department figures showed Thursday.

I have to wonder how many found work versus how many just stopped applying for benefits. And is this just new benefits or total benefits? Neither the article nor the graph are really very descriptive.

[Jermyn Davidson]

There isn't a specific "45 policy" that contributes to this.

He has inherited a very stable economy and his reputation as a businessman is giving corporations and other businessmen confidence that they would not have under a President who is not a businessman.

[aegsm76]

Originally Posted by Jito463

I have to wonder how many found work versus how many just stopped applying for benefits. And is this just new benefits or total benefits? Neither the article nor the graph are really very descriptive.

Here you go!
A link to workforce participation rate
link
https://tradingeconomics.com/united-...icipation-rate

[Jito463]

Originally Posted by Jermyn Davidson

He has inherited a very stable economy

On what evidence do you base this statement? I urge you to point to even one policy of "44" (since you seem fond of using numbers) that helped the economy. Lackluster GDP growth, excessive government spending and record welfare/unemployment benefits was the staple of Obama's presidency. None of that leads to a 'stable economy'.

[Jito463]

Originally Posted by aegsm76

Here you go!
A link to workforce participation rate
link
https://tradingeconomics.com/united-...icipation-rate

Thanks. This graph really depicts the trend of the last 9 years.