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Good News: Jobless Claims Drop to 751,000, Which Is A New Pandemic Low

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Good news in the realm of economics as the number of new applications for unemployment benefits dropped down to 751,000 last week, according to a new report from the Labor Department. This is a the lowest numbers we’ve seen since the start of the coronavirus pandemic.

The number of actual claims was lower than the 770,000 predicted by economists.

via Washington Examiner:

Trending: Donald Trump Is Already ‘Planning for the Next Administration’ — VIDEO

Additionally, states reported 359,667 initial claims for Pandemic Unemployment Assistance, a new category of eligibility created by the March CARES Act that provides benefits for workers sidelined by the pandemic, such as gig workers whose work dried up. Altogether, then, around 1.1 million workers filed for benefits.

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Thursday’s release indicates that the labor market is healing, if slowly, but that the situation remains extremely bad by historical standards. In comparison, prior to the pandemic, weekly claims had been running close to 200,000. Another point of comparison would be that weekly claims now are still worse than they were at the depths of the Great Recession in 2009.

The total number of people claiming benefits in all programs for the week ending Oct. 10 was more than 22 million. Last year, in the comparable week, that number was 1.4 million.

This is fantastic news for our country. We’re finally on the road to recovery after this extremely difficult year. Now, if only we could get folks to stop panicking needlessly about COVID-19 and fighting to keep lockdowns going perpetually, that would be most excellent.

While the virus that swept the globe was definitely real and nothing to laugh at, much of the science points to the reaction to the illness being just as bad, if not worse, than the disease itself.

Lockdowns almost completely destroyed the economy. The left was thrilled by this because it took away one of President Trump’s greatest accomplishments in office, which was the financial success America has enjoyed under his administration.

But it’s bouncing back as we speak.

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Biden White House Limiting Press Access By Requiring $170 Covid-19 Testing Fees (Details)

Figures. The guy hates answering questions because he has nothing to say!

John Salvatore

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If President Trump did anything remotely close to what Biden is doing regarding limiting the press’ access to him, he would’ve been impeached a third time. Must be nice to have the mainstream media on your side! From New York Post: WASHINGTON — The White House is imposing a new $170 COVID-19 testing fee on reporters who want to access the West Wing, in what critics say is the latest step that constrains press coverage of President Biden. The Biden administration already imposed sweeping restrictions, including capping at 80 the number of pre-approved journalists who are able to access White House grounds on a given day — each of whom must take a COVID-19 rapid test before 1 p.m. CONTINUED: Under former President Donald Trump, any reporter with a “hard pass” was able to breeze past the White House gates at any time and without taking a coronavirus test. But few abused the privilege due to peer pressure to limit visits. The latest restrictions were announced in an on-the-record email from White House Correspondents’ Association President Zeke Miller, who is a reporter for The Associated Press. LOOK: https://twitter.com/mawilner/status/1364601466380578819?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1364601466380578819%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnypost.com%2F2021%2F02%2F27%2Fwhite-house-imposes-covid-19-testing-fee-on-reporters%2F What are the odds we’ll all look back on this time and laugh?

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L.A. District Attorney Hires Prosecutor Who Wore Shirt Saying Cops Are ‘Trained to Kill Us’

She also looted during the Rodney King riots!!

John Salvatore

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Anybody who believes that police officers are doing anything other than keeping our streets safe and arresting criminals is completely delusional. All you have to do, you know, if you don’t want to be shot by a cop, is cooperate with instructions. Why is that such a difficult concept for liberals to understand? From The Daily Wire: Los Angeles County’s new top prosecutor has made another controversial move that has angered local law enforcement unions. According to FOX 11, “Los Angeles County District Attorney George Gascón is under scrutiny after he hired a public defender who helped with his campaign to a high-ranking prosecutor position in his administration.” The outlet reports that Tiffany Blacknell “has in the past posted anti-police comments on social media,” which first surfaced last year. CONTINUED: Investigative reporter Bill Melugin posted screenshots of Ms. Blacknell’s previous comments disparaging law enforcement to Twitter earlier this week. Blacknell has referred to LAPD officers as “barbarians” and called for the abolition of prisons. Melugin also shared a photograph of Blacknell posing with D.A. Gascón and another showing Blacknell donning a t-shirt that read, “The Police Are Trained To Kill Us.” According to Melugin, “the former public defender posted on Facebook during the series of looting[s] that took place in May 2020 that she herself was a looter during the 1992 Rodney King riots.” https://twitter.com/BillFOXLA/status/1364787696418217988?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1364787696418217988%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.dailywire.com%2Fnews%2Fl-a-s-new-controversial-d-a-hires-prosecutor-who-suggested-cops-are-trained-to-kill-us https://twitter.com/NiggaTheory/status/1306977001857638400?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1306977001857638400%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.dailywire.com%2Fnews%2Fl-a-s-new-controversial-d-a-hires-prosecutor-who-suggested-cops-are-trained-to-kill-us

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