Remember when Democrats used to say that we should talk about kitchen table issues? Didn't we hear that when there media reports about the chaos in the Clinton administration? Or the dysfunctional state of the Obama Care website?
My guess is that a lot of kitchen tables are talking about this headline from the US economy:
The number of Americans filing applications for new unemployment benefits fell at the end of August to a nearly five-decade low.
Initial jobless claims, a proxy for layoffs across the U.S., declined by 10,000 to a seasonally adjusted 203,000 in the week ended Sept. 1, the Labor Department said Thursday. This is the lowest level of unemployment benefit applications since the end of 1969.
Economists surveyed by The Wall Street Journal expected 211,000 new claims last week.
1969? Wasn't that the year when Neil Armstrong walked on the moon and planted a US flag?
PS: You can listen to my show (Canto Talk) and follow me on Twitter.
Tags: Jobless claims lowest in 49 years To share or post to your site, click on "Post Link". Please mention / link to the My View by Silvio Canto, Jr. Thanks!