Unemployment Claims Fall to 49-Year Low


The number of Americans filing new claims for unemployment aid fell to near a 49-year low last week and private payrolls rose steadily in August, pointing to sustained labor market strength that should continue to underpin economic growth. 
Initial claims for state unemployment benefits fell to a seasonally adjusted 203,000 for the week ending Sept. 1, a drop of 10,000 from the previous week, the lowest level since December 1969. Nonfarm payrolls likely increased by 191,000 jobs in August, which would be an acceleration from the 157,000 jobs created in July.

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Are we talking about quality jobs or part-time/ temp jobs with low wages and no benefits or healthy coverage?

 

 

 

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Yes, what about the vast number of people working temp jobs? They may not be filling for unemployment, but they are not comfotbaly employed either. 


 

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Jobs galore yes!  Adequate pay for these jobs? No really.  Most minimum wage. People still having to work 2 - 3 jobs to make ends meet. Two parents still required to work. Student loans still required to pay tuition. Misleading!

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2011: 2.091 million    

2012: 2.142 million

2013: 2.302 million

2014: 2.998 millon

2015: 2.713 million

2016: 2.240 million

2017: 2.188 million

 

Increasing employment? 
 

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