UNDERNEWS: Joblessness at four decade record low

January 19, 2017

Joblessness at four decade record low

Portland Press Herald - 234,000 Americans sought jobless aid, a drop of 15,000 from the previous week and lowest since November 1973. The four-week average, which is less volatile, fell by 10,250 to 246,750, also the lowest since November 1973. The total number of people receiving unemployment benefits was 2.05 million, down 7.7 percent from a year earlier.

1 comment:

Anonymous said...: Aid to the jobless at four decade record low, as decline in workforce participation outpaces unemployment benefit. Pundits celebrate and call it a win.; January 21, 2017 at 3:10 PM

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The Review is edited by Sam Smith, who covered Washington under nine presidents, has edited the Progressive Review and its predecessors since 1964, wrote four books, been published in five anthologies, helped to start five organizations (including the DC Humanities Council and the DC Statehood Party), was a plaintiff in three successful class action suits, served as a Coast Guard officer, and played in jazz bands for four decades.

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