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IPFS News Link • Business/ Commerce

Jobless Claims Are Plunging In Republican States, Flat In Democrat States

• Zero Hedge

... in hopes of unclogging labor supply and easing the unprecedented labor shortage gripping America which has manifested in record numbers of job openings which nobody wants due to Uncle Sam's generous weekly benefits...

...  we said that "since Democrats will likely not end UI benefits any time soon - or ever, if they could -  this sets up the US economy to become an epic real-time economic experiment, one where everyone can keep track of the unemployment across in Red states (most of which have ended their UI benefits), and blue states where claims will keep potential workers at home, pressuring unemployment rates."


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