U.S. Continuing Jobless Claims

U.S. Continuing Jobless Claims The current low level of continuing jobless claims is about the same as last year. Image: The Daily Shot – The Wall Street Journal

U.S. Initial Jobless Claims

U.S. Initial Jobless Claims The current low level of initial jobless claims suggests that the U.S. labor market is tight. Image: The Daily Shot – The Wall Street Journal

U.S. Jobless Claims and Recession

U.S. Jobless Claims and Recession Currently, U.S. jobless claims look good. This chart suggests that jobless claims tend to rise above the red line, prior to a recession.

S&P 500 and U.S. Initial Jobless Claims

S&P 500 and U.S. Initial Jobless Claims So far, the correlation between the S&P 500 and initial jobless claims has worked well for years. Image: UBS

U.S. Labor Market: Jobs Gains and Jobless Claims

U.S. Labor Market: Jobs Gains and Jobless Claims The U.S. labor market is slowing, but historically, recessions have been preceded by a slowing in job gains and a pickup in jobless claims. Image: J.P. Morgan Asset Management

US: Jobless Claims Lead the Unemployment Rate

U.S. Jobless Claims Lead the Unemployment Rate This chart suggests that U.S. jobless claims lead the unemployment rate by 7 months. U.S. initial claims for unemployment fall more than expected to 209,000. Image: Oxford Economics

U.S. Initial Unemployment Claims and U.S. GDP

U.S. Initial Unemployment Claims and U.S. GDP There is a pretty good correlation between U.S. initial unemployment claims and U.S. GDP. Initial unemployment claims could suggest an acceleration of U.S. GDP in Q3 2019. Click on the Image to Enlarge

Consumer Confidence Spread and U.S. Jobless Claims

Consumer Confidence Spread and U.S. Jobless Claims Interesting chart showing a good correlation between the consumer confidence spread and jobless claims. As a reminder, the consumer confidence vs. sentiment spread always peaks and then declines before a recession. You may also like “Conference Board Consumer Confidence Index vs. University of Michigan Consumer Sentiment Index.” Image: Pictet…