… gain of 204,000 jobs. The above household number factors into the unemployment and underemployment rates below. U3 unemployment rate declined 0.2% to 3.5%. U6 underemployment rate declined 0.3% to 6.7%….

…initial jobless claims (which lead the unemployment rate) through last week vs. the unemployment rate through last Friday’s report: I certainly do not expect any further decline in unemployment, and…

…in unemployment to reduce inflation. The Fed now anticipates that the unemployment rate will increase from its current level of 3.5% to 4.4% over the same time period. If the Fed…

…unemployment rate will similarly follow higher (keeping in mind that a 10% increase from 3.5% unemployment is 3.85%). So initial claims will give us a good heads up as to…

…in 2022H2 enough to explicitly rethink the inflation, unemployment, or interest rate outlook right now. Two more hikes this year remains the Fed’s base case (terminal Fed Funds Rate: 5-5.25%),…

…Household survey, short term unemployment is also a leading indicator. Here’s what these 3 sectors looked like before the 2001 ad 2008 recessions: While there is no fixed pattern, in…

…Deal democrat Here’s another detailed look at some significant data from last Friday’s employment report.  In this post I’ll look at some leading and coincident indicators. First, about the unemployment…

…highest rate of poverty in the nation. Unemployment According to the 2019 Bureau of Labor Statistics data, the unemployment rate for Native Americans was 6.1%. The unemployment rate for African…

…jobs. Business Insider. And Jobs are hard to find even with low Unemployment. Open Thread February 2 2024 federal judge tosses disinformation superspreader Robert F. Kennedy Jr.’s lawsuit, Angry Bear…

…pointed out, initial claims lead both continuing claims and the unemployment rate. The above graph shows that continuing claims also lead the unemployment rate, although with much less of a…