The US job market is gradually recovering from the pandemic lockdown shock

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First-time claims for unemployment benefits fell below a million again last week, the Labor Department reports. This happened before — in early August — before claims reversed course and bounced higher.

Another 881,000 Americans filed initial claims for benefits last week on a seasonally adjusted basis. Normally, the fact that so many people filed for unemployment last week would not be a reason to celebrate. But these are not normal times, and this is another sign that the jobs market is gradually recovering.Continued jobless claims, which count people filing for benefits for at least two weeks in a row, also offered some good news: It stood at a seasonally adjusted 13.

The adjustment changes mean that we can't compare this week's seasonally adjusted data to that of last week. To get a good look at how the number of claims has changed over time, we should look at the unadjusted data.Read MoreWithout the adjustments, claims for unemployment insurance actually rose by about 7,500 to 833,352. On top of that, 759,482 Americans filed claims under the government's Pandemic Unemployment Assistance Program , more than 150,000 more than in the prior week.

 

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Open up blue cities let’s get back to work.

NewsCNNmissed

CNN I guess you’re seeing the importance of not shutting down the country! It is kind of a dumb statement and people are losing their jobs due to the government shutting the country down! Wake up America vote these crazies out!

your not going to if you live in a democrat controlled state. not until Nov 4th

Huh but the stock market is doing all time high... Oh wait its not the 'real deal'. Also when you close business then this happens. Its should not have closed at all. See Sweden.

There is plenty of work out there just some are to lazy to work... Some times you need to start at the bottom and work your way back up the ladder. But our education systems and colleges don’t teach that anymore...

CNN why are you covering up for Pelosi

Everyone needs a job right now. In all honesty, I don't think realDonaldTrump is happy with the unemployment issue. But going back to work can only be made possible when the economy is fully opened and this depends largely on the attitude of Americans to a large extent.

A few things the unemployed have to ask themselves are: 1. What employable talent do I have? 2. What does my history reveal about me, that could hurt me? 3. What do I expect as a salary, and how is that affected by my talent? 4. Am I available for training? 5. Am I dependable?

Seasonally adjusted? What headline puts up a number under 1,000,000 right BEFORE election and calls it significant?

THEY SO SELFISH SenSchumer SpeakerPelosi JUST PASS THE BILL NOT BECAUSE YOU NOT THE ONE HUNGRY OR BILLS UNPAID HELP THE AMERICANS FAMILIES SELFISH PEOPLE STRAIGHT WOW THEY COULD PASS THE STIMULUS PACKAGE FOR AMERICANS FAMILIES

Well, CNN, that's a cover-the-bases approach to balanced news...all in one tweet, too! 😂 Ah, the difference wording can make!

It’s time to blow the whistle on the stock market. It will crash soon. Key gauges show this is coming. It’s “not different this time” The social, health & economic foundations are cracked. The crash will be worse than 2000 or 2009. stockmarketcrash

SpeakerPelosi senatemajldr Good job guys, acting like you are for the people, but it is really about your party winning. What a legacy you are leaving.

Let's not forget a series of hurricanes probably slowed that number

I can’t get people to work! The plant absenteeism is 15% and we are short 10 mechanics. Help wanted Good Mechanics please apply!!!!!

Funny how CNN has 2 titles for the same story. You wonder why 🤔

EVERY OTHER NEWS MEDIA: Jobless claims fell. CNN: This.

Donald Trump a man who cheats or tricks someone by gaining their trust and persuading them to believe something that is not true. A great Con-Man but terrible president Vote2020 BlackWave BrownWave WhiteWave BlueWave

its good thing carryon

It is going in the right direction!! Great leadership from realDonaldTrump !! Trump2020 Economy 🇺🇸🇺🇸

Biden and his mask will open up the economy very soon for you... vote for sleepy joe and get him out of the basement.

If Nancy can get her hair done, everyone can go back to work.

According to Trump the economy is booming 😂😂😂 in his mindless head.

Just think six months ago 181,000 was a great number. In October these numbers are going to sky rocketed again due to PpP expiring. My wife’s company is laying off 20,000 this week alone.

BidenHarris2020 EndCorruption walkawayFromDems

Sounds like we should open the country back up.

complete lies cooking the s

2020 the year DEMOCRATS tried to destroy the economy over an election. walkaway

thats good news because it is less than a million

Bull signal $SPY $SPX

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U.S. private payrolls undershoot expectations, point to stalling labor market recoveryU.S. private employers hired fewer workers than expected for a second straight month in August, suggesting that the labor market recovery was slowing as the COVID-19 pandemic persists and government money to support workers and employers dries up. “Strong minds discuss ideas, average minds discuss events, weak minds discuss people.” ― Socrates
Source: Reuters - 🏆 2. / 97 Read more »