Unemployment
Unemployment As A Coincident Indicator
Submitted by Tyler Durden on 04/01/2009 20:40 -0500Reader Michael points out an interesting observation on the lagging versus coincident nature of unemployment as an indicator of economic health. His thoughts below:
I am skeptical of a lot of the "good news", and note that a recent mini-bounce in the Conference Board Leading Indicator was only due to the expansion in the money supply; all other variables were negative. I also think Rosenberg is on the right track in terms of higher than expected savings rates, and the over-extrapolation of recent housing and production data.
Unemployment As A Coincident Indicator
Submitted by Tyler Durden on 04/01/2009 20:40 -0500Reader Michael points out an interesting observation on the lagging versus coincident nature of unemployment as an indicator of economic health. His thoughts below:
I am skeptical of a lot of the "good news", and note that a recent mini-bounce in the Conference Board Leading Indicator was only due to the expansion in the money supply; all other variables were negative. I also think Rosenberg is on the right track in terms of higher than expected savings rates, and the over-extrapolation of recent housing and production data.
Unemployment at 8.1%
Submitted by Tyler Durden on 03/06/2009 13:29 -050012.5 million people unemployed. 731k people have given up looking for work.
Nonfarm payrolls -651k.
Huge downward January payroll revisions: -655k versus prior indicated at -598k.
4.4 million jobs lost since December 2007.
Apparently a downward surprise of 0.2% in unemployment was terrific based on futures.
Some More On Today's Gruesome Unemployment Numbers
Submitted by Tyler Durden on 02/05/2009 16:26 -0500
Despite the schizo market action yet again (market is up because yen is down, yen is down because market is up), we wanted to go back to today's deplorable unemployment number.
Some More On Today's Gruesome Unemployment Numbers
Submitted by Tyler Durden on 02/05/2009 16:26 -0500
Despite the schizo market action yet again (market is up because yen is down, yen is down because market is up), we wanted to go back to today's deplorable unemployment number.
Official Employment Rate: 7.2%; Real Unemployment Rate 17.5%... And Rising
Submitted by Tyler Durden on 01/23/2009 02:59 -0500Latest Housing Starts and Unemployment Claims
Submitted by Tyler Durden on 01/23/2009 01:52 -0500Presented without comment
NYS Unemployment Highest Since 1994. And This Only For Q4
Submitted by Tyler Durden on 01/22/2009 18:13 -0500*NEW YORK STATE LABOR DEPARTMENT PRESENTS DATA IN RELEASE
*NEW YORK STATE LOST 100,000 JOBS IN LAST 3 MONTHS OF 2008
*NEW YORK STATE UNEMPLOYMENT RISES TO 7% IN DECEMBER :NYC US
*NEW YORK JOBLESS AT HIGHEST SINCE JUNE 1994, STATE REPORTS
