Maxwell moving on from LIRC perhaps
Georgia Maxwell perhaps moving on from the Labor and Industry Review Commission in #Wisconsin, which decides #unemployment cases
https://wisconsinui.wordpress.com/2026/05/04/maxwell-moving-on-from-lirc-perhaps/
Maxwell moving on from LIRC perhaps
Georgia Maxwell perhaps moving on from the Labor and Industry Review Commission in #Wisconsin, which decides #unemployment cases
https://wisconsinui.wordpress.com/2026/05/04/maxwell-moving-on-from-lirc-perhaps/
#TurdBlossom said something interesting on #FnS this morning regarding the #MidTerms:
"When asked about the #economy, #Republicans need to ask voters: Where were you 4 years ago when #unemployment was up over 8%?"
The last time Unemployment was over 8% was Aug 2020… when #TheCountOfMostlyCrisco was still president.
But note, by the time #Biden left, UE was 4.1%.
They want you to judge T**** on where they THINK the economy WILL BE in 12 months, but judge Biden on what he inherited from T****.
“Goldman:🚨Oil shock will cost the US 10,000 #jobs per month for the rest of the year
Higher inflation + higher #unemployment = stagflation
Let’s look at how that played out in the 70s:
- Oil: 10x
- Silver: 30x
- Gold: 23x
- Bonds: -31%
- S&P: +17% nominal, -50% real (16 years just to break even)
Now compare that to today’s average portfolio:
- Energy: 4%
- Silver: 0–1%
- Gold: 1–2%
- Bonds: 17–40%
- S&P: Huge chunk (no specific data)”
-L Ekwueme
#Economy #Inflation #Stagflation #Oil #USPol
Jobless Claims Flicker Upward, Reaching Levels Not Seen in Years
US jobless claims hit 189,000 in April 2026, highest in 3 years. What does this mean for job seekers and the economy?
#JoblessClaims, #Unemployment, #USJobs, #Economy, #April2026
US jobless claims reached 189,000 in April 2026, the highest in three years. This is a significant increase compared to previous periods.
#JoblessClaims, #Unemployment, #USJobs, #Economy, #April2026
https://newsletter.tf/jobless-claims-rise-april-2026-us/
📢 The Palestinian General Federation of Trade Unions said on Thursday that around 550,000 workers in Palestine are currently unemployed, with joblessness reaching unprecedented levels across the #westbank and #gaza
🔹 #unemployment rates have risen to 85 percent in the Gaza Strip and 38 percent in the West Bank, reflecting a severe crisis impacting livelihoods and undermining basic living conditions
#apartheid #genocide #ihl #law #mayday
📰 WAFA
PBS NewsHour - The Latest | Weekly U.S. jobless claims fall to 189,000, lowest in more than five decades by Matt Ott, Associated Press
AI generated summary, Read the full article for complete information.
In the week ending April 25, U.S. jobless‑benefit applications dropped by 26,000 to 189,000— the fewest new claims since September 1969 and the lowest level in more than five decades—defying analysts’ expectations of about 214,000. The Labor Department said the four‑week moving average fell to 207,500, while total weekly filers slipped to 1.79 million. Despite this positive signal, the labor market remains strained: core inflation surged, driven in part by higher gas prices as the Iran‑U.S. conflict pushes crude to around $104 a barrel; the Federal Reserve kept rates steady amid Middle‑East uncertainty, and employers added fewer than 200,000 jobs last year after a sharp slowdown following pandemic‑era expansions. Economists warn that elevated energy and material costs, together with AI‑driven hiring caution and lingering tariff impacts, could later revive layoffs even as the unemployment rate stays near historic lows.
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