…increased 250 to 224,250. With the typical one-week delay, continuing claims rose 42,000 to 1.897 million: On the more important YoY basis for forecasting purposes, initial claims were higher by…

Scenes from Friday’s jobs report: the (totally contradictory) Big Picture  – by New Deal democrat There is no important economic data today, so let’s take a closer look at some…

…under construction, which is the actual total economic activity. Finally – again frequently with another significant delay – comes employment in housing construction, which is part of the monthly employment…

…falsifies the right-wing GOPs anti-climate change lies. But NOAA also provides real-time weather and forecasting to help all Americans anticipate and protect themselves from life-threatening meteorological events. Oklahoma is tornado…

…basis for forecasting purposes, initial claims were up 5.2%, the four week average was up 7.2%, and continuing claims were up 5.4%: These are all neutral readings, indicating continued slow…

A “quick and dirty” update: the employment is historically very weak  – by New Deal democrat There’s no significant economic reports today, and even most of the high frequency indicators won’t…

…typical one week delay, declined -25,000 to 1.856 million: As usual, the YoY% change is more important for forecasting purposes. So measured, initial claims increased 4.7%, and the four week…

…important for forecasting purposes, and these number continue to indicate expansion, albeit at a slow pace. It is important to note that if the Administration’s total disruption of the economy…

…to 1.850 million: As per usual, the YoY% changes are more important for forecasting purposes. On that basis, initial claims were up 5.2%, the four week average up 3.5%, and…

…60 years, recessions have not occurred until real average hourly wages have either turned down or at least stalled (1970 and 2001): An even better forecasting metric is real aggregate…