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Layoffs Just Reached a Half-Century Low

who's talking here?

SoupIsGoodFood 1
jackass 1
voice of reason 1
TinktheSprite 1
sdanielmcev 1
Emperor of Kingwood 3
Butterbean 1
Prolix Raconteur 3
Jepperd 1
OrdinaryGuy 2

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Emperor of Kingwood --- 19 days ago -

WASHINGTON?The number of Americans filing applications for new unemployment benefits fell at the end of August to a nearly five-decade low.

Initial jobless claims, a proxy for layoffs across the U.S., declined to a seasonally adjusted 203,000 in the last week of August, the Labor Department said Thursday. This is the lowest level of unemployment benefit applications since the end of 1969. Though data can be volatile from week to week, the four-week moving average of claims, a steadier measure, also fell to a 49-year low, signaling overwhelming tightness in the U.S. labor market.

?Job openings are plentiful, and the competition for skilled workers is intensifying,? said Jim Baird, chief investment officer at Plante Moran Financial Advisors. ?Employers are remiss to trim their respective workforces, particularly in an environment in which attracting and retaining workers is tougher.?

Jobless claims have remained low in recent years, as the labor market continues to strengthen and managers face difficulty finding qualified employees. U.S. employers added 157,000 jobs and the unemployment rate fell back to 3.9% in July, hovering near the lowest level since April 2000, according to the Labor Department?s latest jobs report. Meanwhile, the number of open jobs this spring exceeded the number of unemployed Americans seeking work for the first time in records going back to 2000.

link title 

Prolix Raconteur --- 19 days ago -

But, Russia!?!? 

jackass --- 19 days ago -

Screw Russia, Weisselberg is far more compelling...lol 

Butterbean --- 18 days ago -

Yes. Inquiring minds want to know. 

Jepperd --- 18 days ago -

0 

OrdinaryGuy --- 18 days ago -

Now don't confuse the left with facts. They don't fit in to the left's agenda. 

TinktheSprite --- 18 days ago -

That's odd you would post this. Today a friend, 20 yr PhD, 10 years on this job in his late 50's just got laid off. No notice. BAM. "Get your stuff and get out!" 

OrdinaryGuy --- 18 days ago -

With the job market the way it is he shouldn't have any problem finding work. 

Emperor of Kingwood --- 18 days ago -

That's odd you would post this. Today a friend, 20 yr PhD, 10 years on this job in his late 50's just got laid off. No notice. BAM. "Get your stuff and get out!"

That happens everyday for a variety of reasons despite the economy. Also, depends on his performance and flavor of PhD. 

sdanielmcev --- 18 days ago -

That's odd you would post this. Today a friend, 20 yr PhD, 10 years on this job in his late 50's just got laid off. No notice. BAM. "Get your stuff and get out

https://www.jainworld.com/literature/story25.htm 

SoupIsGoodFood --- 17 days ago -

Jeppard is one of those Obama drones that think Obama just set everything on cruise control when he left office. 

voice of reason --- 13 days ago -

there's an abundance of minimum, unlivable wage jobs available. 

Prolix Raconteur --- 13 days ago -

There's always an abundance of entry level, low wage jobs available. Nobody wants them. Your heads in the sand if you don't think well paying manufacturing jobs have not made a resurgence, not to mention high skilled positions as well as increasing wages that have been stagnant for years. 

Emperor of Kingwood --- 13 days ago -

there's an abundance of minimum, unlivable wage jobs available.

Minimum was never intended to be livable. It was intended to be a starting point from which you work hard and matriculate.

Just what is a livable wage? 

Prolix Raconteur --- 13 days ago -

You can ask that until you're blue in the face and not get a straight answer. It's just another progressive Utopia talking point, like free college, free healthcare, free everything. 

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