US Initial Jobless Claims at Multi-Decade Low, Sparking 'Universal High Income' Irony
jamesdouma · x · 2026-10-29
jamesdouma shared a chart of 4-week moving average initial claims as a fraction of US nonfarm employment (1969–2026), showing the ratio near its lowest level in over five decades (0.1%), quipping that the US is headed for "universal high income and full employment" — an ironic jab at AI-driven job-displacement anxiety and UBI discourse.
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