Jobs

This is the second week running that we have seen higher jobless claims.  Two weeks ago the 4-week average seasonally adjusted number was 440,750. This was a number reflective of steadily declining claims in the period leading up to…

This problem is going to be solved via tax increases a la Oregon or spending cuts a la California before FY 2011 hits in July. (hat tip Gregor) (click image to enlarge) Source Unemployment Insurance Tracker - ProPublica

From the U.S. Department of Labor: In the week ending Jan. 16, the advance figure for seasonally adjusted initial claims was 482,000, an increase of 36,000 from the previous week's revised figure of 446,000. The 4-week moving average…

Back in June I asked you all “When will the U.S. economy recover?.” The response was basically either “there will be no recovery to speak of” or “recovery is a long way off.” The poll results are embedded below. I asked a similar…

From the U.S. Department of Labor: In the week ending Jan. 9, the advance figure for seasonally adjusted initial claims was 444,000, an increase of 11,000 from the previous week's revised figure of 433,000. The 4-week moving average was…

This comes from Kiplinger (click to enlarge). Not only does this graphic break down where the trouble spots are for jobs today, it gives you a historical perspective as well. It looks like the Southeastern seaboard and the west coast are…

Calculated Risk has a post out today called Bubbles and Employment. The gist of the post is that interest rates play a role in creating bubbles as demonstrated by data on employment and common property yard-sticks like price-to-rent and…

This is the latest in a series of forecast posts. Notably, there has been Richard Bernstein, Saxo Bank and Byron Wien. The Pragmatic Capitalist has The Ultimate Guide to 2010 Investment Predictions and Outlooks, if you are interested in…

Markets were disappointed by today’s unemployment data because they reveal how difficult it has been for the employment situation to improve in a meaningful way. The employment market is improving, just not as much as one would hope. Below…

The forecast was for 10.1% unemployment and a gain of +15,000 jobs according to Market Watch, but 10.0% unemployment and a flat non-farm payroll number according to Bloomberg. As a reminder, ADP reported the private sector shed 84,000 jobs,…