Posted on 09/13/2013 4:42:57 AM PDT by Kaslin
Initial unemployment claims came out and, boy, there is great news.
Two states had upgrades to their computer systems and that likely caused them to under report claims, according to Bloomberg.
That means the media can report that [j]obless claims in the U.S. declined last week to the lowest level since April 2006.
(Excerpt) Read more at finance.townhall.com ...
Between 2008-2012, millions of people burned up ALL their eligibility for unemployment checks.
Also, since 2009, you could get unemployment checks for up to TWO YEARS.
“Extended Benefits” have now been stopped in most states, and they will end completely by January 1st.
I will guess that many of these folks are now forced to take the unpleasant low paying jobs they refused to apply for previously.
I will guess that many more have taken student loans and gone back to school, or moved back in with Mom and Dad, or have completely dropped out of the work force and retired.
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