U.S. filings for unemployment benefits rose again last week and appear to be settling consistently at a slightly higher though still healthy level that the Federal Reserve has been aiming for.
Jobless claims for the week ending July 13 rose by 20,000 to 243,000 from 223,000 the previous week, the Labor Department reported Thursday. It’s the eighth straight week claims came in above 220,000. Before that stretch, claims had been below that number in all but three weeks so far in 2024.
Weekly unemployment claims are widely considered as representative of layoffs.
The Federal Reserve raised its benchmark borrowing rate 11 times beginning in March of 2022 in an attempt to extinguish the four-decade high inflation that shook the economy after it rebounded from the COVID-19 recession of 2020. The Fed’s intention was to cool off a red-hot labor market and slow wage growth, which it says can fuel inflation.
The economy is doing so good, they keep saying!
The highest numbers ever!
(Please don’t look at which numbers are the highest.)
i’ll start a timer to record how long it takes a lemmy.worlder to call you a tankie or russian/chinese shill/bot
or maybe just a downvote.
UPDATE: 48 minutes on the timer
They’re literally from lemmy.world, and also you don’t need to bring up other instances at every chance you get - it just makes it seem like they’re living in your head rent free.
i wish someone had told me that lemmy.world was diet reddit so i wouldn’t have spent so much more time there instead of the rest of the lemmyverse; so i’m being the change that i want to see.
You’re on lemmy.world right now, doing the opposite of what you claim you want.
i’m on the lemmyverse; of which .world is a large part due to people connoting lemmy.world with the lemmyverse; i’m doing my part to make newbies like me aware.
We both know that my point is that you’re on lemmy visiting the exact instance you’re complaining about. Regardless of your motives, you’re giving them traffic, and even worse (by your logic, anyway) you’re letting them count you as an active user. You might not be from lemmy.world, but these comments originate from & live here.
Even then, people seeing your downvoted comment here will not make people leave. People here are well aware that this is federated and that there are multiple instances (except, in your case, you seem to have forgotten that you could just stay on lemmy.ml communities, or block lemmy.world). They aren’t going to see your judgmental, main character syndrome comments and suddenly change their tune.
I also find it interesting that nothing in your first comment said anything that could let other users know that there are other options. I can’t find anything so noble as to warn other users about anything in it… almost like it wasn’t your original motivation.
Maybe blocking the instance is a better, healthier option for you?
i want to see the entirety of the lemmyverse flourish; that includes lemmy.world
switching my feed to primary instance that doesn’t defederate laid bare to me that there’s a stark fractionalization of the lemmyverse between it and .world that’s getting wider and using humor was my foolish attempt to let a newbie, like i was, know that collective leftism is at the heart of the lemmyverse and if you don’t like diet reddit there’s plenty of other flavors.
i honestly didn’t think i’d get much of any reaction beyond some up/down votes so “main character” and “other options” feedback are making me regret my approach
Saw your edit claiming that it took 48 minutes (which you added about 4 hours after you originally commented). Where did a user from lemmy.world call OP (also from lemmy.world) a tankie or a russian/chinese shill/bot?
Or, are you somehow all-knowing and knew that a user from lemmy.world downvoted this post because they thought that? Because all I see is a good amount of upvotes, and other people agreeing.
I wish Americans were smart enough to realize that these are the aftershocks of Pedo Trump’s economy.
I think a lot of us are but the news never seems to point it out. They will report about a survey on what people think before reporting on what actually happened.
I hope you’re right.
