Jobless claims rise to highest level in 2022

Discussion in 'Current Events' started by sec, Aug 11, 2022.

  1. sec

    sec Well-Known Member

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    https://www.foxbusiness.com/economy/jobless-claims-rise-highest-level-2022

    HYPERLINK has full article

    snip

    The number of Americans filing for unemployment benefits ticked higher last week, hitting the highest level in nine months — the latest sign that the historically tight labor market is starting to cool off..............

    there are signs that the labor market is starting to weaken, with a plethora of companies, including Alphabet's Google, Walmart, Apple, Meta and Microsoft, announcing hiring freezes or layoffs in recent weeks.


    end snip

    Meteoric inflation, and now this. It appears that the Democrat plan is being executed flawlessly. Maybe Democrats should propose a spending bill of taxpayer dollars where they get to subsidize certain industries...........................

    Democrat voters wanted this; and now we have it thanks to full Democrat control
     
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  2. doombug

    doombug Well-Known Member

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    Here we go. Inflation drops a mere .5 point and the jobs just keep dropping. It seems the democrats solution to high inflation is to kill the economy.

    Kill the economy and kill demand. Inflation goes down and unemployment goes up.
     
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  3. Oldyoungin

    Oldyoungin Well-Known Member

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    Here come the water carriers to tell us why people stopping to look for work is good for our economy.
     
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  4. Ruger87

    Ruger87 Banned

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    Or just lie and say Biden is the bomb as far as making jobs is concerned. Seen that one here numerous times.
     
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  5. Doofenshmirtz

    Doofenshmirtz Well-Known Member Past Donor

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    I did notice a difference in recruiting. During the covid giveaways, no one was even applying for open jobs. Now, a single position brings in 30+ candidates.
     
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  6. RoanokeIllinois

    RoanokeIllinois Banned Donor

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    Democrat Politicians are so delusional, that Biden, and the rest of them, keep telling us, that either inflation is a good thing, or it's not as bad as it seems, or just keep spending hundreds of Billions of dollars, and the problems will all go away, not continue to get worse. lol. yeah right!
     
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  7. Noone

    Noone Well-Known Member

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    Leave it to Faux News to turn BETTER than full employment into a bad thing. :roll:
     
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  8. hawgsalot

    hawgsalot Well-Known Member

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    Oh yea great numbers no doubt. lol
    [​IMG]
     
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  9. Noone

    Noone Well-Known Member

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    That's a less than a 5% difference from the charts average high and nearly a 5% increase since President Biden took office.

    Like I said leave it to the right to turn good news to bad.
     
    Last edited: Aug 11, 2022
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  10. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Totally...
    Joe could walk on Water, and Faux News would be dragging him for not knowing how to swim...
    Too funny...
     
    Last edited: Aug 11, 2022
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  11. Oldyoungin

    Oldyoungin Well-Known Member

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    Right on cue as predicted. Literally the only people still defending bidens economy only exist on this forum. Meanwhile democrat strategic workers are working to figure out what to run on due to the poor economy.
     
    Last edited: Aug 11, 2022
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  12. hawgsalot

    hawgsalot Well-Known Member

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    Now tell us how much 2% of 340 million is. But hey bravo biden bravo
     
    Last edited: Aug 11, 2022
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  13. Talon

    Talon Well-Known Member Past Donor

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    Employment/Unemployment is usually a lagging indicator and.....Whoomp - there it is!

    ENJOY STAGFLATION.jpg
     
    Last edited: Aug 11, 2022
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  14. Noone

    Noone Well-Known Member

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    No, the difference is we can read a chart. :roll: But, yes, President Biden is doing a stellar job with the cards dealt by a post pandemic RECOVERING economy. That doesn't work for the rightie reelection paradigm but it is a FACT. 8)
     
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  15. Noone

    Noone Well-Known Member

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    6,800,000

    Yes BRAVO President Biden for taking the reins with a steady hand, restoring dignity and decorum to the Office of President of The United States and doing your job instead of telling us daily how great you are and how terrible more than half of all AmeriCANs are.:applause:
     
  16. hawgsalot

    hawgsalot Well-Known Member

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    You're clapping because 6.8 million people that had jobs in 2019 now don't. Interesting concept but if I were on the left, I would stick to unemployment %'s since it sounds great even though it really only measures how many have been fired in the last 3 months.

    Do you not have cable since you don't hear about Biden bragging about the economy, just yesterday he told us "inflation was at 0% last month", forget it was a confused lie.
     
    Last edited: Aug 11, 2022
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  17. cd8ed

    cd8ed Well-Known Member Past Donor

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    Care to tell us what the monthly inflation rate for July was?
     
  18. Noone

    Noone Well-Known Member

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    That is plainly false, 6.8 million in a 340 million economy is better than full employment; econ 101. Not all of those 6.8 million are the same people, in this size of economy you are ALWAYS going to have people moving from job to job.

    Actually that's true, for the month. Inflation was at 8.5% down from over 9.5 the month before; so for last month inflation was, actually less than, 0%. President Biden wasn't confused, Faux News and you are confused trying to twist his meaning and the facts.
     
  19. sec

    sec Well-Known Member

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    I'll give you a hint

    T R U M P

    Jan 6, Jan 6, Jan 6 and Jan 6

    that's all they have. To anyone other than rabid Democrat voters, a non-issue
     
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  20. sec

    sec Well-Known Member

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    hmmm, make excuses for post-pandemic but give NO QUARTER to the admin when in the pandemic..............typical

    Go team Democrat
     
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  21. Noone

    Noone Well-Known Member

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    I only compared employment from when President Biden took office to now. Twisting my words .........................................................................................................typical
     
  22. hawgsalot

    hawgsalot Well-Known Member

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    Good god man I even gave you a chance at the math. The simple truth is 6 million today don't have a job that did in 2019 before the pandemic and before lefty shutdowns for months. Changing jobs doesn't change the number lol...

    Your inflation is simply beyond ignorant. the 8.5% july number is a comparison to last year, comparing to last month means nothing good grief. Bottom line July 2021 inflation was up a whooping 5.1%, last month's inflation was 8.5% higher than that. In two years of Biden, we are paying 13.6% more for the same goods. You're not being truthful on what Biden said and blaming others, typical of the left. Let's watch the video, shall we?

    https://www.bloomberg.com/news/videos/2022-08-10/biden-says-there-was-zero-inflation-in-july-video
     
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  23. hawgsalot

    hawgsalot Well-Known Member

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    Yes a staggering 8.5% increase over the 5.3% it was in July 21. So in Biden's two years you paid 13.8% more than you paid before.
     
    Last edited: Aug 11, 2022
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  24. Talon

    Talon Well-Known Member Past Donor

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    [​IMG]

    Potemkin President Brandon has sucked ass since he took office and he has the failed track record and lousy approval numbers to prove it...

    Joe Biden's Latest Approval Rating Lowest for Any President
    https://www.newsweek.com/joe-biden-approval-rating-gallup-poll-1729533

    ...and after setting the land speed record to lame duck status even Democrats are scrambling to find someone, something, anything else to run for president in 2024.



    BRAVO - That imbecile couldn't even pass a cognitive test if he tried....
     
    Last edited: Aug 11, 2022
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  25. wgabrie

    wgabrie Well-Known Member Donor

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    Do you think that people are getting jobs just so that they can get fired and collect unemployment? I just thought of that.
     

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