Dueling May jobs reports: establishment report strong, household report pre-recessionary  – by New Deal democrat My focus for this report continued to be whether the leading sectors and other indicators  continued to decline, and whether the pace of growth continued to decelerate. The establishment side of the report was strong, with most leading indicators improving. […]

Yellow flag from initial jobless claims turns a little more orangey  – by New Deal democrat Initial jobless claims rose 22,000 to 264,000 last week, while the 4 week average rose 6,000 to 245,250. Continuing claims, with a one week lag, rose 12,000 to 1.813 million: Note that both measures of initial claims are at […]