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The U.S. labor market is flashing mixed signals, with a new report showing a seven-month low in the number of weekly initial jobless claims but a three-year high in the number of American workers continuing to receive benefits after an initial filing, signaling fewer layoffs but increasing difficulty getting rehired.
The latest unemployment data from the Labor Department, released on Nov. 21, shows that initial claims for jobless benefits fell by 6,000 to 213,000 for the week ending Nov. 16, marking a seven-month low. However, continuing claims—representing those still receiving benefits after an initial filing—jumped by 36,000 to 1.91 million, the highest level in three years.
A number of analysts noted the mixed signals, with some saying the rise in continuing claims could boost the unemployment rate. Others went further, suggesting that the likelihood of a recession has increased.
“There is little evidence of large layoffs taking place,” said Gisela Hoxha, an economist at Citigroup. “However, in a low-hiring environment those individuals that are laid off are finding it harder to get a new job and are remaining on unemployment benefits for longer, which implies upside risk to the unemployment rate.”
While historically low at 4.1 percent in October, the unemployment rate has risen over the past year, up from 3.8 percent in October 2023, a sign that the labor market has softened. Federal Reserve officials cited labor market cooling as a factor behind their latest decision to lower interest rates, though they still described job conditions as “solid.” […]
— Read More: www.theepochtimes.com
Controlling Protein Is One of the Globalists’ Primary Goals
Between the globalists, corporate interests, and our own government, the food supply is being targeted from multiple angles. It isn’t just silly regulations and misguided subsidies driving natural foods away. Bird flu, sabotaged food processing plants, mysterious deaths of entire cattle herds, arson attacks, and an incessant push to make climate change the primary consideration for all things are combining for a perfect storm to exacerbate the ongoing food crisis.
The primary target is protein. Specifically, they’re going after beef as the environmental boogeyman. They want us eating vegetable-based proteins, lab-grown meat, or even bugs instead of anything that walked the pastures of America. This is why we launched a long-term storage prepper beef company that provides high-quality food that’s shelf-stable for up to 25-years.
At Prepper All-Naturals, we believe Americans should be eating real food today and into the future regardless of what the powers-that-be demand of us. We will never use lab-grown beef. We will never allow our cattle to be injected with mRNA vaccines. We will never bow to the draconian diktats of the climate change cult.
Visit Prepper All-Naturals and use promo code “veterans25” to get 25% off plus free shipping on Ribeye, NY Strip, Tenderloin, and other high-quality cuts of beef. It’s cooked sous vide, then freeze dried and packaged with no other ingredients, just beef. Stock up for the long haul today.