Recent stock and trade tariff turmoil have analyst measuring impact on the overall US economy. Econometricus will keep on tracking one of the first indicators on the labor market: Unemployment Insurance Claims. […]
The week ending on 2024-08-31 registered a preliminary number of 227,000 new claims. The US Department of Labor’s reported number is significantly lower than its previous ten weeks running average of 234,545. […]
The week ending on 2024-08-17 registered a preliminary number of 232,000 new claims. The US Department of Labor’s reported number is not significantly different than its previous ten weeks running average of […]
The week ending on 2024-08-10 registered a preliminary number of 227,000 new unemployment insurance claims. The US Department of Labor’s reported number is significantly lower than its previous ten weeks running average […]
Considering the latest data available (published on 2024-07-01) from the Bureau of Labor Statistics on both Labor Force Participation and Number of Unemployed People, the Unemployment Rate Nowcast reads unchanged at 4.39 […]
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