Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness

[Wiz Imp]

17. Your point is 100% correct

But your one statement is incorrect.

You say "Less than half of workers are covered by the unemployment insurance system.". That should say 'Less than half of unemployed workers at any point in time are receiving unemployment benefits'. About 95% of all workers are covered by the unemployment insurance system.

March is the most recent month for which covered employment is available.

March Covered employment = 154,523,800
March Total Employment = 163,412,000