What Is the Probability of Being Unemployed in a Given Month in the United States?

What Is the Probability of Being Unemployed in a Given Month in the United States? Weekly initial jobless claims decreased to 203,000. Currently, by dividing the average initial claims for unemployment insurance by the total number of people working, the probability is less than 0.14% of being unemployed in a given month in the United…

Tariffs in United States History

Tariffs in United States History A look at U.S. tariffs in the past and where they are today. You may also like “U.S. Effective Tariff Rate.” Image: Charles Schwab

National Debt of the United States from 1934 to 2019

National Debt of the United States from 1934 to 2019 $22 trillion national debt number is huge. As a comparison, that’s more than the GDP of New Zealand, Singapore and Norway combined. Image: howmuch.net

Has the United States Ever Imported a Recession from a Single Foreign Country?

Has the United States Ever Imported a Recession from a Single Foreign Country? The biggest U.S. trade partners are: China, Canada, Mexico, Japan, Germany, South Korea, United Kingdom and France. So far, the US has never imported a recession from a single foreign country. A Chinese recession would be bad for the U.S. and the…

U.S. Recessions – NBER

U.S. Recessions – NBER Since 1850, this will be the first decade without a recession in the United States. Image: National Bureau of Economic Research

Temporary Help Services Jobs vs. Real GDP and U.S. Recessions

Temporary Help Services Jobs vs. Real GDP and U.S. Recessions Temporary Help Services Jobs at 0.02% YoY in November, are a good leading indicator before a recession (red line at -3.5%). In 2001 and 2007, when Temporary Help Services Jobs were below -3.5% YoY, a recession began in the United States.