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Thursday, October 19, 2017

Unemployment Data No Longer Being Featured On CNBC (Television) During Trump Administration? I Wonder Why -- US Unemployment Claims Lowest In 44 Years -- Making America Great Again -- The Political Page, T+271 -- October 19, 2017

From The Washington Post this morning: US unemployment claims fall to 222,000, lowest in 44 years. Data points:
  • number of Americans collecting unemployment benefits fell last week to the lowest level in 44 years
  • another sign that most workers enjoy job security
  • jobless aid dropped by 22,000 to 222,000, fewest since March 1973
  • the less volatile four-week average slid by 9,500 to 248,250, lowest since late August
  • the low level suggests that employers are confident enough in the economy to hold onto workers
  • the unemployment rate last month hit a 16-year low 4.2 percent
  • the Labor Department says that Hurricanes Irma and Maria have disrupted the ability of people to file claims in Puerto Rico and the Virgin Islands
If CNBC reported this on television this morning, I missed it. But over at CNBC on-line:
  • first time claims dropped 22,000
  • seasonally adjusted 222,000, the lowest level since March, 1973
  • analysts had forecast claims falling to 240,000
  • the decrease claims was the largest since April and was probably exaggerated by the Columbus Day holiday on Monday

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