Tag Archives: Employment Trends

[unable to retrieve full-text content]– by New Deal democrat Initial claims have now completely reverted to trend after their recent hurricane-induced blip. Initial claims rose 3,000 for the week to 217,000, while the four week moving average decreased -5,750 to 221,000. With the typical one week delay, continuing claims declined -11,000 to 1.873 million: On the more important YoY basis, […] The post Jobless claims complete their reversion to pre-hurricane-disruptions trend...

Scenes from the April employment report: the Fed just can’t kill the employment “beast”  – by New Deal democrat There’s no economic news this morning, so let’s take a closer look at some important trends from last Friday’s April jobs report . As I and many others wrote, an important theme was that the deceleration in job gains continued, as shown in this graph since January 2021 (note 222,000 is subtracted so that latest average is at zero...