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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: AlphaWolf 🐝🐝  😊 😞
Number: of 84361 
Subject: Re: Jobless Benefits Fall Below 200,000
Date: 01/01/26 5:46 PM
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Per Reuters:

Americans filed the fewest new jobless claims in a month last week, and while the number of unemployed workers collecting relief payments has eased from recent highs, there is little indication of a break from the weak hiring environment that settled in over the course of President Donald Trump's first year back at the White House.

Though the economy remains resilient, with gross domestic product increasing at its fastest pace in two years in the third quarter, the labor market has almost stalled. Labor demand and supply have been impacted by Trump's dramatic policy shifts since he began his second presidency in January, most notably his steep import tariffs and his aggressive immigration crackdown that has limited worker supply, economists say.

"The drop in initial unemployment claims to 199,000 in the week of Christmas was likely another seasonal-adjustment distortion," John Ryding, chief economic adviser at Brean Capital, said.


Plus, everyone knows that the pathological liar Trump numbers are fake.

reuters.com - US weekly jobless claims fall month low
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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