Tag Archives: Jobless

[unable to retrieve full-text content]– by New Deal democrat Let’s take our weekly look at jobless claims. These are a short leading labor market indicator. Also, it is likely that the firings in the federal labor force will shortly be reflected in this data. This week initial claims rose 5,000 to 219,000, while the four week average declined -1,000 […] The post Jobless claims: possibly the final “steady as she goes” report appeared first on Angry Bear.

[unable to retrieve full-text content]Jobless claims: neutral – with an extra grain of salt  – by New Deal democrat As I cautioned last weekend in my “Weekly Indicators” update, we have entered that period of the year where Holiday seasonality means take everything with at least a little grain of salt. For example, this year Thanksgiving was almost one […] The post Jobless claims: neutral appeared first on Angry Bear.

 – by New Deal democrat You may recall that last week I wrote that beginning this week and for the next 6+ months, initial claims would be up against some very tough comparisons from 2023 and would be the ultimate true test of whether there has been unresolved post-pandemic seasonality in the numbers. Well, this week’s numbers suggest the unresolved seasonality hypothesis is still with us, but with considerable ambiguity. Initial claims did...

 – by New Deal democrat You may recall that last week I wrote that beginning this week and for the next 6+ months, initial claims would be up against some very tough comparisons from 2023 and would be the ultimate true test of whether there has been unresolved post-pandemic seasonality in the numbers. Well, this week’s numbers suggest the unresolved seasonality hypothesis is still with us, but with considerable ambiguity. Initial claims did...