1. Forum
  2. Usenet
  3. REC.OUTDOORS.RV-TRAVEL

  • Fewest Americans collecting jobless aid since 1970

    From Technobarbarian@21:1/5 to All on Thu Apr 21 08:37:16 2022
    "About 1.42 million Americans were collecting traditional unemployment
    benefits in the week of April 9, the fewest since February 21, 1970.

    Two years after the coronavirus pandemic plunged the economy into a
    brief but devastating recession, American workers are enjoying
    extraordinary job security. Weekly applications for unemployment aid,
    which broadly track with layoffs, have remained consistently below the pre-pandemic level of 225,000.

    Last year, employers added a record 6.7 million jobs, and they’ve added
    an average of 560,000 more each month so far in 2022. The unemployment
    rate, which soared to 14.7% in April 2020 in the depths of the COVID-19 recession, is now just 3.6%, barely above the lowest point in 50 years.
    And there is a record proportion of 1.7 job openings for every
    unemployed American."

    https://abcnews.go.com/Business/wireStory/fewest-americans-collecting-jobless-aid-1970-84213813

    TB

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Technobarbarian@21:1/5 to Ralph E Lindberg on Fri Apr 22 09:07:03 2022
    On 4/22/2022 7:50 AM, Ralph E Lindberg wrote:
    On 2022-04-21 15:37:16 +0000, Technobarbarian said:

    "About 1.42 million Americans were collecting traditional unemployment
    benefits in the week of April 9, the fewest since February 21, 1970.

    Two years after the coronavirus pandemic plunged the economy into a
    brief but devastating recession, American workers are enjoying
    extraordinary job security. Weekly applications for unemployment aid,
    which broadly track with layoffs, have remained consistently below the
    pre-pandemic level of 225,000.

    Last year, employers added a record 6.7 million jobs, and they’ve
    added an average of 560,000 more each month so far in 2022. The
    unemployment rate, which soared to 14.7% in April 2020 in the depths
    of the COVID-19 recession, is now just 3.6%, barely above the lowest
    point in 50 years. And there is a record proportion of 1.7 job
    openings for every unemployed American."

    https://abcnews.go.com/Business/wireStory/fewest-americans-collecting-jobless-aid-1970-84213813


    TB

    The County with near (if not the) lowest unemployement, Elkhorn IN is
    getting an Amazon Fullfillment center.
    One problem is Amazon's announced starting salary ie below that of what
    the RV industry is paying.
    So Amazon will have to "import" workers, or pay more.

    I thought this was great news for Elkhorn and RVing. Amazon should
    help fill in their economy when RV manufacturing slumps. I'm sure they
    would love to hire more workers, but Amazon seems to be getting enough
    workers to keep the fulfillment centers around us going.

    TB

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)