Weekly jobless claims fall to lowest in 52 years.

[Johnny2X2X]

Hopefully this gets the headlines it deserves.

https://www.cnn.com/2021/11/24/economy/pandemic-unemployment-benefits/index.html

[JohnSJ]

1. Unfortunately I don't think so, at least on Bloomberg. They are reporting it, but the hosts seem

more enthusiastic about pushing how oil prices are not going down since the announcement of the release from the strategic petroleum reserves.

[CaptainTruth]

2. I always wonder how much of the drop is due to benefits expiring.

In other words, if I understand correctly, "jobless claims" as used in the article are not NEW unemployment claims, they include ongoing claims, so when a person's unemployment benefits run out they're no longer counted as a "jobless claim" because they have no benefit left to claim, but they can still be unemployed.

[progree]

3. This one goes into detail - the 199,000 figure is new claims

https://www.democraticunderground.com/10142831191

Then there are continuing claims, 2.049 million, which like you say, some benefits expire and they drop off the continuing claims count.

[uponit7771]

4. Isn't the US at the peak of baby boomers retiring too? thx in advance

[SergeStorms]

5. Baby boomer years: 1946 - 1964

So I guess we're a little past peak, but not by much. Next up: Generation X.

[Dopers_Greed]

6. This won't be widely reported

Since it won't help the mainstream media get their cash cow back into office.