US Jobless Claims Hit Eight-Month High as Labor Market Cools

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2. Lazy slanted reporting

https://www.bls.gov/charts/employment-situation/civilian-unemployment-rate.htm

Look at this graph and try and sell gloom and doom you lying POS media.

This "jump" moves unemployment equal to the best it was under TFG. Better than it was for the ENTIRE time period from 2002-2019.

Jumping to 3.6% is really just a regression to the mean. Businesses fail. Seasonal work happens. Storm damage, plant change overs, etc. all cause people to file unemployment claims.

Unemployment rates up tp 3.6% from 3.5% is really just the baseline of what the numbers can show. Of course these could be adjusted downward in a month, and Bloomberg and the other media maggots will not tell a new story that the economy is really strong in terms of people working.