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Jobless Claims Fall Below A Million, Breaking 20-Week Streak

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We have more excellent news on the economic front as the number of new applications received for unemployment benefits has dropped to 963,000, according to reports published by the Labor Department. This breaks the streak of 20 consecutive weeks that saw those figures above a million.

Economists had projected this week’s numbers would be somewhere around 1.1 million.

This is fantastic. Our nation is finally starting to recover a bit from the coronavirus, though you’d never guess that was the case by the way the mainstream media is covering the story.

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The total number of people claiming jobless benefits in all programs for the week ending July 25 was 28.3 million, a decrease of over 3 million from the previous week. For comparison, there were 1.7 million people claiming benefits for all programs in the same week in 2019.

While jobless claims remain at historic highs, Mark Hamrick, a senior economic analyst at Bankrate.com, noted that they have fallen in places particularly affected by the coronavirus.

Florida saw a drop of over 23,000 in initial claims between the week ending Aug. 8 and the week prior. Georgia and Texas saw decreases of over 11,000 each over the same time period.

Back in March, toward the end of the month, jobless numbers hit a staggering 6.9 million. Those numbers began to drop in May with the reopening of the economy in many states around the country, but hadn’t dropped below a million until now.

The recovery has been a bit slow paced, but that’s to be expected. Most places around the nation have been very cautious about reopening after the shutdowns earlier this year. It only makes sense that as things happen in phases, slowly over time, so too would the economic recovery.

Here’s to hoping things continue on the correct path toward getting things back to normal.

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BREAKING: Supreme Court Justice Ruth Bader Ginsburg Dead At 87

Metastatic pancreatic cancer.

John Salvatore

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After 87 years on planet earth, cancer has ended the life of Supreme Court Justice Ruth Bader Ginsburg – just as it does for far too many people. A hero in liberal circles, RBG will be remembered fondly. While right now isn’t a time for politics, it makes a person wonder what the Senate will do regarding her replacement. Do they wait to confirm until after the election, ala Merrick Garland? Time will tell. From Daily Wire: Supreme Court Justice Ruth Bader Ginsburg has died from complications of metastatic pancreas cancer, the Supreme Court said. “Our nation has lost a justice of historic stature,” Chief Justice John Roberts said. “We at the Supreme Court have lost a cherished colleague. Today we mourn but with confidence that future generations will remember Ruth Bader Ginsburg as we knew her, a tired and resolute champion of justice.” LOOK: https://twitter.com/BretBaier/status/1307102218068414466?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1307102218068414466%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Ftherightscoop.com%2Fbreaking-supreme-court-justice-ruth-bader-ginsburg-dead-at-87%2F RIP, Ruth. VIDEO: https://www.youtube.com/watch?v=qOuA2_dauGc

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Dr. Anthony Fauci Makes Prediction On When He Thinks COVID-19 Vaccine Will Be Ready

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Dr. Anthony Fauci, the country’s leading expert on infectious diseases, recently stated that he believes a vaccine for the coronavirus will be fully tested, prepared, and effective to use by the end of the year. Whether or not folks on the left want to hear this is another story. If you look at the major breakthroughs that have happened lately in regard to the virus, it seems as if Democrats actually want this pandemic and the restrictions with it, to stick around for a lot longer. This probably has something to do with the presidential election in November. via Daily Wire: “I would still put my money on November, December,” Fauci said at a Congressional Hispanic Caucus Institute panel, CNN reported. Fauci, an immunologist and director of the National Institute of Allergy and Infectious Diseases who serves on the White House Coronavirus Task Force, said testing a vaccine requires about 150 subjects to actually get the virus. “Right now, the trials are over two thirds enrolled – really close to full enrollment on one, and over full enrollment on the other,” he said. “It really depends on where the sites are and how many infections there are in a site. So you could get your answer sooner, or you can get your answer a bit later.” “Fauci said his projection of November or December is informed by calculations based on where the clinical trial sites are in their studies,” CNN said in its report. President Trump stated earlier in the week that new plans are underway from the Department of Defense working in tandem with health agencies, to ensure that every single American can get the vaccine for free, once it is approved by the Food and Drug Administration. Agencies in the government are eyeing January as the target date…

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