Economic Data – Page 119 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Average jobless claims continue down but data mask problems

Graphic: Unemployment – State by State

Household survey charts reveal this is no garden variety downturn

Unemployment comes in at 10.0%; 85,000 jobs lost but November revised to gain

Looking at structurally high unemployment as recalculation

ISM manufacturing index at highest since April 2006

Initial jobless claims fall to a 17-month low

Initial claims continue to fall

Jobless claims rise 7,000 to 480,000

Seasonally-adjusted claims below 500,000 for third week