18 January 2024

The Odds of Layoff Are the Lowest They've Been in Your Career (and what the unemployment claims stat would look like as a cartoon)

Initial claims for unemployment came in at their lowest level in 18 months. The last time they were lower than that - lower than September of 2022 - was in the late 1960s - when the labor force was half the size it is today. 

It is no exaggeration to say that this is the period with the lowest chance of being laid off during the career of anyone working today.

If stats were cartoons, this stat would look like this:





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