19 years in trading
In the week ending April 25, the advance figure for seasonally adjusted initial claims was 3,839,000, a decrease of 603,000 from the previous week’s revised level. The previous week’s level was revised up by 15,000 from 4,427,000 to 4,442,000. The 4-week moving average was 5,033,250, a decrease of 757,000 from the previous week’s revised average. The previous week’s average was
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In the week ending April 11, the advance figure for seasonally adjusted initial claims was 5,245,000, a decrease of 1,370,000 from the previous week’s revised level. The previous week’s level was revised up by 9,000 from 6,606,000 to 6,615,000. The 4-week moving average was 5,508,500, an increase of 1,240,750 from the previous week’s revised average. The previous week’s average was
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Is this a clear sign of possible new Great Depresion? Well, if we take a look at the 2009 crisis data and this one from last week, we could be near that form. Acording to some analysts, US unempoyment rate might rise as high as 30% in the 2nd quarter of 2020. $2.2 trillion bill Congress passed so far, but
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Total nonfarm payroll employment increased by 304,000 in January, and the unemployment rate edged up to 4.0 percent from the previous 3.7 percent from September and November 2018, the U.S. Bureau of Labor Statistics reported yesterday. So, let’s take a quick look at the 10 year US Unemployment chart, from the highest crisis point at 10 percent, which was on October
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