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by pengaru 2269 days ago
> 3. This is nearly 5x (!) the prior record of 671K new jobless claims from 1982, and redefines the scale for jobless claims. [1]

This should be normalized to be per-capita, comparing absolute figures is distorted by population growth. The US was only 230M people in 1982, 100M less than today.

After normalizing it's more like 3.9x.

1 comments

3.9m ~ 5m are pretty similar compared to 670k...