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

NFIB Job Openings and Recessions

NFIB Job Openings and Recessions This chart shows that NFIB job openings, while high, could suggest a looming recession. Image: Nordea and Macrobond

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

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 -0.15% YoY in October, 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.

U.S. Job Growth

U.S. Job Growth It is the 109th consecutive month of job growth. That’s a record. Image: Ryan Detrick, LPL Financial LLC

Job Openings and Average Weekly Hours

Job Openings and Average Weekly Hours The number of job openings fell in August, mirroring the decline in average weekly hours, and confirming that the U.S. labor market is cooling. Image: TD Bank Financial Group

Where Has Job Growth Come from Since 2009?

Where Has Job Growth Come from Since 2009? From a bachelor’s degree (58 millions), some college (37 millions) and high school graduates (36 millions). Actually, this interesting chart shows the importance of education in finding a job. Picture Source: Bianco Research

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