There Are Still Over 14 Million Americans On Some Form Of Government Dole
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Initial jobless claims hovered at post-COVID-lockdown lows but were disappointing at 373k - well above the 200k-ish norms of pre-COVID
Source: Bloomberg
But, while the picture is improving overall, we should still remember that there are over 14 million Americans still on some of government dole...
Source: Bloomberg
Finally, we remind readers of the gaping chasm between those still claiming some form of pandemic-related unemployment benefit and the record number of job openings in America currently...
Source: Bloomberg
Tick-tock on those benefits.
Tyler Durden Thu, 07/08/2021 - 08:34
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