US applications for jobless claims fall to 201,000, lowest level in nearly a year

[mystery-ak]

US applications for jobless claims fall to 201,000, lowest level in nearly a year

U.S. applications for unemployment benefits fell to their lowest level in nearly a year last week, pointing to a still healthy labor market with historically low layoffs
ByMATT OTT AP business writer
January 8, 2025, 7:52 AM

U.S. applications for unemployment benefits fell to their lowest level in nearly a year last week, pointing to a still healthy labor market with historically low layoffs.

The Labor Department on Wednesday said that applications for jobless benefits fell to 201,000 for the week ending January 4, down from the previous week's 211,000. This week's figure is the lowest since February of last year.

The four-week average of claims, which evens out the week-to-week ups and downs, fell by 10,250 to 213,000.

The overall numbers receiving unemployment benefits for the week of December 28 rose to 1.87 million, an increase of 33,000 from the previous week.

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https://abcnews.go.com/Business/wireStory/us-applications-jobless-claims-fall-201000-lowest-level-117459365

[GtHawk]

So, people running out of benefits and dropping off the rolls? To be followed by a brief upswing in new jobs, until they are qualified to receive unemployment again…why? Because that’s what the democrats have trained people to do.

[Wingnut]

So, people running out of benefits and dropping off the rolls? To be followed by a brief upswing in new jobs, until they are qualified to receive unemployment again…why? Because that’s what the democrats have trained people to do.

Yup.  Except during the Obummer years, UE bennies end after a set time.

[jmyrlefuller]

So, people running out of benefits and dropping off the rolls? To be followed by a brief upswing in new jobs, until they are qualified to receive unemployment again…why? Because that’s what the democrats have trained people to do.

It's also seasonal employment. Shipping picks up around the holidays every year, and around here the ski resorts begin hiring.

It's decent temporary work for a few weeks, but let's face it... it's not a permanent landing spot for the people in jobs that, for instance, AI is eliminating. The Postal Service temp jobs don't even get you a foot in the door for future employment.

[Smokin Joe]

So, people running out of benefits and dropping off the rolls? To be followed by a brief upswing in new jobs, until they are qualified to receive unemployment again…why? Because that’s what the democrats have trained people to do.

I think you are right, at least the first part.