Over 18 Million Americans Are Still On Government Jobless Benefits

Tyler Durden's Photo
by Tyler Durden
Thursday, Mar 04, 2021 - 08:36 AM

After unexpectedly plunging in the prior week, initial jobless claims were expected to modestly rise this week and they did from 730k to 745k...

Source: Bloomberg

Texas (amid all the storm-driven chaos) saw the biggest jump in claims as Missouri saw the biggest improvement

While 'normal' continuing claims continue to improve, pandemic emergency claims remain near record highs...

Source: Bloomberg

But more than 18 million Americans are still on the dole...

Not exactly the recovery we'd been promised!