Boomers retiring

New claims rose by just 3,000 to a seasonally adjusted 213,000 last week, the Labor Department said Thursday. After three consecutive weeks of declines, economists had forecast a rise to 214,000, according to Bloomberg.Jo0bless claims are an indication of layoffs and have been closely watched this year for signs that trade disputes might weigh on the U.S. labor market. So far, there are no signs that tariffs have cost the U.S. economy any jobs.

They go on medicare and pension.  Government interest charges rising, relentlessly. The Pentagon fears a continuing resolution.  Trumpster looking for claw backs on spending.  To our horror, we find government contracts tend to have a one way inflation adjustment clauses, an accelerator on interest charges.