U.S. GDP, Inflation and Unemployment – FOMC Economic Projections The Fed expects GDP growth of 6.5%, inflation of 2.4% and a drop in the unemployment rate to 4.5% this year. Image: The Daily Shot
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. Jobs – Payroll Employment Lost and Regained The resurgence of the coronavirus pandemic has stalled the U.S. jobs recovery. Image: J.P. Morgan Asset Management
U.S. Unemployment Rate Recoveries Since 1948 The U.S. unemployment rate recovery is following a path unlike any recession since 1948. Image: Nomura
U.S. Labor Market – Continuing Claims for Unemployment Continuing claims declined for the sixth straight week, but the U.S. job market remains fragile. Image: Oxford Economics
U.S. Permanent Unemployment More layoffs become permanent as the coronavirus persists. Image: Oxford Economics
U.S. Election – President’s Approval Rating vs. U.S. Unemployment Rate at the End of First Term President Donald Trump’s approval rating is in line with the U.S. unemployment rate. Image: J.P. Morgan
U.S. Unemployment Rate Continues Recovery U.S. unemployment rate drops to 7.9%, but job growth slowed in September. Image: BofA
U.S. Unemployment Rate Forecast Chart suggesting that the return of the U.S. economy to full employment likely will take years. Image: Goldman Sachs Global Investment Research
U.S. Small Business Confidence and U.S. Employment Peak to Recovery Small business confidence is rebounding, but it could take many years for the U.S. labor market to recover. Image: BofA Global Investment Strategy