U.S. Initial Jobless Claims
U.S. Initial Jobless Claims U.S. initial unemployment claims are rising in states with tech and banks. Image: BofA Global Investment Strategy
U.S. Initial Jobless Claims U.S. initial unemployment claims are rising in states with tech and banks. Image: BofA Global Investment Strategy
U.S. Economic Forecasts Deutsche Bank’s baseline forecast depicts a U.S. economy maintaining robust growth, with inflation gradually approaching the Fed’s 2% target and unemployment declining by the end of 2026. Image: Deutsche Bank
Change in Permanent Employment as % of the Labor Force Permanent unemployment is worse than the last two recessions. Image: BofA Research Investment Committee
U.S. Labor Market – Initial and Continued Claims U.S. unemployment claims remain historically high, as recovery in U.S. labor market slows Image: BofA
Employment/Population Ratio Since 1948 in the U.S. The challenge of unemployment in the United States: about half of the population is jobless. Image: CNBC
Coronavirus Jobless Claims at Recession Levels The 16.8 million unemployment claims in the past three weeks, are on par with past months-long recessions Image: CNBC
What Is the Probability of Being Unemployed in a Given Month in the United States? Weekly initial jobless claims decreased to 202,000. Currently, by dividing the average initial claims for unemployment insurance by the total number of people working, the probability is less than 0.15% of being unemployed in a given month in the United…
U.S. Prime Age Employment Ratio and Wage Growth Wage growth is sluggish, despite historically low unemployment in the United States. Image: Swedbank Research
Are Fears About an Imminent Recession Overblown? Historically, a recession is coming when the Leading Index for the United States is below 1. Today, it stands at 1.37. “The leading index for each state predicts the six-month growth rate of the state’s coincident index. In addition to the coincident index, the models include other variables…
Inequality – Monthly Income After Tax Minus Average Monthly Expenditures Greatest economy ever? Despite increasing wage growth and a low unemployment rate, half of the U.S. population spends more than their income. Image: Deutsche Bank Global Research