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JOBLESS CLAIMS FALL TO 42-YEAR LOW??
Headlines on Thursday reported the jobless rate was at a 42-year low, pointing to continued improvement in the labor market, reported marketwatch.com.
These stats were based on a huge fall in applications for unemployment benefits. Perhaps there are dimwits who can’t figure out that the unemployment benefits of millions of unemployed people do finally run out, and they can’t reapply, unless they get a new job and pay enough money into the benefit pool, but most of us can see right through this unemployment rate facade.