What Is the Probability of Being Unemployed in a Given Month in the United States? Weekly jobless claims increased to 219,000. 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 States.
U.S. Dollar and United States vs. G9 Growth Expectations This chart suggests why the U.S. dollar is currently strong. Picture source: Nordea and Macrobond
Developed Country Policy Rates Above the United States Look for the mistake: the number of countries with a policy rate above the U.S. is zero. Picture source: Bianco Research
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.” Picture source: Charles Schwab
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. Picture source: howmuch.net
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…
Temporary Help Services Jobs vs. Real GDP and U.S. Recessions Temporary Help Services Jobs at 0.43% YoY in Sept., 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.
Commercial Bank – Credit Cards Interest Rate In the United States, the average credit card interest rate is 17.39%, at highest level in decades. Is the U.S. consumer doing well? Picture source: Deutsche Bank Global Research
Inequality – U.S. Wage Levels and Real GDP Growth Wage levels in the United States have barely budged in decades and have clearly not kept pace with economic growth. Picture source: Financial Times
Total Carbon Emissions by Country (CO2) China, the United States, and India account for almost half of the total global carbon emissions. Picture source: Global Carbon Project
