More Trump Winning - Jobless Claims Hit Lowest Level Since 1969

[TheGrandViking]

The unemployment rate by year.

Jan 1, 2010 9.80%
Jan 1, 2011 9.10%
Jan 1, 2012 8.30%
Jan 1, 2013 8.00%
Jan 1, 2014 6.60%
Jan 1, 2015 5.70%
Jan 1, 2016 4.90%
Jan 1, 2017 4.80%
Dec 1, 2017 4.10%

The Obama recovery continues!!!!. The budget has a strong influence on the economy. We are still operating under the Obama budget. Obama was elected in Nov 2008. His first budget was for 2010. Obama's last budget was for the entire 2017 year.

[greywar]

Originally Posted by WaldoKitty

Nope.

This is a 1/2 century low.

Quite an accomplishment considering that under Obama close 1 in 5 adults were on foodstamps at one point.

More importantly, that 1/2 century low figure is based on total number. And its actually harder now to reach that low of a number because the population is much higher.

HOWEVER.....

Your foodstamp argument is not what you would expect. There is still 43.6 million people collecting foodstamps under Trump. Almost the same as under Obama.

And you misquote reality. Under Obama we never got close to 1 in 5 adults. We got close to 1 in 5 of our total population. Same as with Trump. Whose numbers are very close to Obamas. Despite the unemployment numbers.

One interesting statistic though that seems odd to me. The average monthly benefit under trump jumped from $126-128 per person under Obama, to $136.85 under Trump;

Source:
https://fns-prod.azureedge.net/sites...NAPmonthly.pdf

Which means....we're actually spending more on SNAP under Trump then we did under Obama.

[WaldoKitty]

Originally Posted by vacoder

As a reminder. "Unemployment statistics are fake."....Trump

These are not unemployment statistics.

They are actual jobless claims. Those numbers are real hard numbers.

And they haven't been this low since 1969.

The Trump Economy is booming.