U.S. filings for unemployment benefits rose again last week and appear to be settling consistently at a slightly higher though still healthy level that the Federal Reserve has been aiming for.
Jobless claims for the week ending July 13 rose by 20,000 to 243,000 from 223,000 the previous week, the Labor Department reported Thursday. It’s the eighth straight week claims came in above 220,000. Before that stretch, claims had been below that number in all but three weeks so far in 2024.
Weekly unemployment claims are widely considered as representative of layoffs.
The Federal Reserve raised its benchmark borrowing rate 11 times beginning in March of 2022 in an attempt to extinguish the four-decade high inflation that shook the economy after it rebounded from the COVID-19 recession of 2020. The Fed’s intention was to cool off a red-hot labor market and slow wage growth, which it says can fuel inflation.
i wish someone had told me that lemmy.world was diet reddit so i wouldn’t have spent so much more time there instead of the rest of the lemmyverse; so i’m being the change that i want to see.
You’re on lemmy.world right now, doing the opposite of what you claim you want.
i’m on the lemmyverse; of which .world is a large part due to people connoting lemmy.world with the lemmyverse; i’m doing my part to make newbies like me aware.
We both know that my point is that you’re on lemmy visiting the exact instance you’re complaining about. Regardless of your motives, you’re giving them traffic, and even worse (by your logic, anyway) you’re letting them count you as an active user. You might not be from lemmy.world, but these comments originate from & live here.
Even then, people seeing your downvoted comment here will not make people leave. People here are well aware that this is federated and that there are multiple instances (except, in your case, you seem to have forgotten that you could just stay on lemmy.ml communities, or block lemmy.world). They aren’t going to see your judgmental, main character syndrome comments and suddenly change their tune.
I also find it interesting that nothing in your first comment said anything that could let other users know that there are other options. I can’t find anything so noble as to warn other users about anything in it… almost like it wasn’t your original motivation.
Maybe blocking the instance is a better, healthier option for you?
