California

Despite Surge In California, Initial Jobless Claims Slide To Post-Lockdown Lows

Despite Surge In California, Initial Jobless Claims Slide To
Post-Lockdown Lows 1

For the second straight week, the number of Americans filing for first time unemployment benefits was below 300k (290k). This is the lowest since the pandemic lockdowns began…

Source: Bloomberg

Last week’s initial claims was dominated by California…

Despite Surge In California, Initial Jobless Claims Slide To
Post-Lockdown Lows 2

Continuing Claims continues to fall to post-pandemic lockdown lows.

The total number of Americans on some form of government dole continues to slide as pandemic aid is cut off…

Despite Surge In California, Initial Jobless Claims Slide To
Post-Lockdown Lows 3

In fact, there is just over 3.2 million Americans now receiving benefits…

Despite Surge In California, Initial Jobless Claims Slide To
Post-Lockdown Lows 4

Who could have seen that coming? Stop paying people to sit at home and suddenly they will try to get a job.

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