this post was submitted on 27 Feb 2025
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The number of Americans filing for jobless benefits rose by 22,000 to 242,000 for the week ending Feb. 22, the Labor Department said Thursday. Analysts projected that 220,000 new applications would be filed.

Weekly applications for jobless benefits are considered a proxy for layoffs.

The four-week average, which evens out some of the week-to-week volatility, climbed by 8,500 to 224,000.

Some analysts say they expect layoffs ordered by the Department of Government Efficiency to show up in the report in the coming weeks.

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[–] [email protected] 2 points 4 hours ago

Thanks, Obama!

[–] [email protected] 4 points 5 hours ago

Trump did that.

[–] masterofn001 16 points 20 hours ago

Next up for mass firing: the labor department data analysts and communications team.

[–] [email protected] 24 points 23 hours ago (1 children)

Lol. All in the first MONTH.

Imagine what this country is going to look like 4 years from now.

Thanks conservatives, 3rd party voters, and non-voters. Really pulled a smart one this time.

[–] [email protected] 6 points 18 hours ago

If it's really only 22,000 in the first month, that's still much lower than I expected.

I'm sure it'll go higher, but I'm still confused.

[–] [email protected] 58 points 1 day ago* (last edited 1 day ago) (1 children)

Yup, good ole government efficiency, instead of getting paid by their job, gonna get unemployment benefits. How's that saving the government money again?

I think the real reason they are doing this is bcz they want to privatize a bunch of stuff that is government right now, or pocket the money from some of the contracts.

[–] [email protected] 21 points 1 day ago

100%. They're going to cut govt spending, allowing private interests to step in at vastly increased prices. And it's going to be weird all these contacts and friends of politicians just happen to be positioned well to benefit off this.

[–] [email protected] 26 points 1 day ago (1 children)

Gee, I wonder fucking why. Couldn't possibly be all the federal workers getting laid off.

[–] [email protected] 24 points 1 day ago (2 children)

Couldn’t possibly be all the federal workers getting laid off.

They are certainly part of it but there's a very long chain of organizations, many of which aren't obvious to most people, supported by the US Federal Government. Those organizations are swiftly going into preservation mode and seeking to spend as little money as possible by laying off staff and downsizing or cancelling projects. Every one of those layoffs and project changes has negative effects downstream on other businesses, contractors, and services.

The idiots who voted for the current administration have no idea what's coming and how badly its going to hurt them.

[–] [email protected] 4 points 17 hours ago

I mentioned in another thread how my saved job searches lean heavily into government-contract firms, just due to skillset. I've never had a government job, never particularly wanted one. But not only are those precious few openings going away, but currently held positions are going to be eliminated. And the even fewer private sector jobs are going to be even more hotly contested.

It's like watching a 5 year old assess a decades-old game of Jenga and unilaterally deciding that we don't need that piece on the second layer.

[–] [email protected] 8 points 21 hours ago

All that ''money to other countries'' is generally spent on American companies, the food is coming from American farms

[–] [email protected] 17 points 1 day ago (2 children)

Don't worry, I'm sure fElon will make unemployment benefits even more efficient, too. Streamline the process by removing benefits from unemployment and those freeloaders will have to be efficient by taking the first underpaying offer given to them. /s

[–] [email protected] 5 points 21 hours ago

Is there such a thing as federal unemployment? When ive used it I went through my state

[–] [email protected] 7 points 1 day ago

The actual efficiency would be UBI, but of course that's never going to be on his agenda

[–] [email protected] 23 points 1 day ago

Are we great again yet?

[–] [email protected] 21 points 1 day ago

Such a golden age people no longer have to work right?

[–] [email protected] 15 points 1 day ago (1 children)

What do you think we'll find out if we fuck around and create a huge mass of unemployed people with nothing to lose and a ton of free time on their hands

[–] [email protected] 9 points 23 hours ago

In a nation slap full of guns with no mental healthcare? Hmm....

[–] [email protected] 10 points 1 day ago

Just wait until the results of the tariffs start hitting and companies begin cutting people to adjust for their ‘bottom lines’

We saw some of that several years ago in Trumps first term but it will be much worse this time as inflation is higher and so are the tariffs.

[–] [email protected] 12 points 1 day ago

Bread lines?

[–] [email protected] 6 points 1 day ago

Gonna be over 1M by the end of this year.