Jobless claims hoist yellow flag again; employment and unemployment likely to show further deceleration tomorrow – by New Deal democrat Initial jobless claims rose 13,000 to 242,000 last week, while the 4 week average rose 3,500 to 239,250. Continuing claims, with a one week lag, declined -38,000 to 1.805 million: This is right in the […]
Initial claims continue to warrant yellow caution flag – by New Deal democrat Initial jobless claims last week rose 11,000 to 239,000. The more important 4 week average rose 2,250 to 240,000. Continuing claims, with a one week delay, decreased 13,000 to 1,823,000: At this juncture the YoY change is more important, because increases of […]
Almost nobody is still getting laid off, but this week, it’s not good enough – by New Deal democrat Today and tomorrow update the two remaining positive sectors of the economy: jobs and real personal income. And the first one continued to give excellent historical readings, but relatively speaking suffered in comparison to their all-time […]
Initial claims continue recent excellent streak – by New Deal democrat Initial jobless claims continued their recent excellent reports, as there were only 192,000 new claims, down -3,000 from the week before, and close to their 50+ year lows of last March and April. The 4 week average increased 1,500 to 191,250, still an excellent […]
Jobless claims continue recent strong streak Programming note: I’ll put up separate posts on durable goods orders, real manufacturing and trade sales, and the Q4 GDP reports later. Initial jobless claims have been the best performing – and perhaps only positive – element of the short leading indicators in the past few months. And that […]
Jobless claims continue their string of good news – by New Deal democrat If yesterday’s economic data was bad, this morning’s was considerably better (I’ll post on housing construction later). Initial jobless claims declined 15,000 to 195,000, tied for their best number in almost 8 months. The 4 week moving average declined 6,500 to 206,000, […]
Jobless claims start out 2023 where they left off in 2022 – as positive – by New Deal democrat It took a little while for FRED to post this data today, but with that reason for a delay . . . Initial jobless claims started off 2023 where they left off in 2022, with another […]
– by New Deal democrat Jobless claims: troublesome trend continues, but no yellow flag yet Initial jobless claims is one of the few remaining positive short leading indicators. But as I’ve noted for the past several weeks, the trend is troublesome. This week initial claims rose 4,000 to 230,000, and the 4 week moving average […]
Jobless claims: still holding steady – by New Deal democrat Initial jobless claims rose slightly, by 7,000, from one week ago to 225,000. The 4 week average declined -250 to 218,750. Continuing claims also rose slightly, by 6,000, to 1,493,000: This is right in the middle of where claims have been for the last 6 […]
Jobless claims flat for the moment – by New Deal democrat There’s no big news in the jobless claims release this week. Initial claims fell -12,000 to 214,000, but the 4 week average increased 1,250 to 212,250. Continuing claims, which lag somewhat, increased 21,000 to 1,385,000: To the extent there is any discernible trend, I […]