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Jobless Claims Surge To Highest Level in Nearly A Year, Ongoing Joblessness Hits Highest Since 2021.

A female warehouse worker having troubles at warehouse.

Jobless Claims Surge To Highest Level in Nearly A Year, Ongoing Joblessness Hits Highest Since 2021. Thanks Joe and Kamala.

Well, we continue to see that the economy is still struggling. Again, Jobless claims have risen. And that’s been happening ever since Donald Trump left office. We have this from Breitbart.

This was higher than even the most pessimistic forecasts in Econoday’s survey and far above the consensus estimate of 236,000.

The number of people collecting unemployment benefits beyond their initial week increased by 33,000 to 1.88 million. This is the highest number of continuing claims since 2021, when the economy was still staggering from the pandemic. The rise continuing claims indicates that Americans who have lost their jobs are having more trouble finding new work.

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Energy costs up 30%. So what does Biden do? Raises them even more.

What's next? Batteries for progressive women's dildos?

Energy costs up 30%. So what does Biden do? Raises them even more. With all that’s been done to this country and our economy, the Biden administration now thinks that going after light bulbs will save the world?

The Biden administration is now taking aim at lightbulbs as part of its climate agenda, announcing Friday new efficiency standards that will “slash harmful greenhouse gas pollution” and set levels that can only be met by LED bulbs.

Failed in Afghanistan, Failed at the border. Failed with Iran. And failed big time with the economy. So what’s left? The only good news is that this takes effect in 2028 and these folks will be long gone by then.

 

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Economy Links from other news sources.

US Credit Card Debt Surpasses $1 Trillion for First Time in History

Credit card debt the highest ever. GP Photo

Every day you see or hear Progressives say how great this economy. But yet our debt and deficit continues to rise. The poor get poorer and of course the rich always  do well. Don’t believe me, just look at Biden’s bank accounts. US credit card debt surpassed $1 Trillion for the first time in history as more and more Americans have to borrow to get by.

We have  this from ABC.

U.S. consumers’ total credit card debt exceeded $1 trillion for the first time, according to a new study by the personal finance website WalletHub.

Consumers took on an additional $92.2 billion in debt last year, the highest single-year amount since 2007. The average U.S. household owes $8,600 on credit cards, WalletHub found…