Initial Jobless claims continued their slide week-over-week (from 385k to 376k), but remain near pandemic lows (but are still almost double those pre-pandemic levels)...
Source: Bloomberg
However, there are still over 15 million Americans on some form of government dole...
Source: Bloomberg
And despite over 9 million job openings, over 11 million Americans remain on some form of pandemic-specific unemployment benefits...
Source: Bloomberg
As the chart shows,there has been very little movement OFF the pandemic-based dole in over a year.
Will the Democrats ever allow those couch-sitters to be free of government handouts?
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