Bear Market – S&P 500 Lows Compared to Initial Jobless Claims vs. Unemployment Rate The S&P 500 tends to bottom several weeks before the peak in jobless claims. Image: Fundstrat Global Advisors, LLC
Selected Companies by Number of Jobs They are Planning to Add Due to the Coronavirus Pandemic Some companies are hiring during the coronavirus pandemic. Image: Statista
U.S. Jobless Claims by States Coronavirus job losses hit the following states the hardest. Image: Yahoo Finance
U.S. Jobs at Risk of Short-Term Layoffs Coronavirus outbreak and complete lockdowns put 37 million jobs at risk in the United States. Image: Statista
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. Initial Jobless Claims This chart suggests that initial jobless claims are expected to rise. Image: Arbor Research & Trading LLC
Temporary Help Services Jobs vs. Real GDP and U.S. Recessions Temporary Help Services Jobs at -0.50% YoY in January, 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. Core CPI and JOLTS Job Openings (Leading Indicator) This chart suggests that JOLTS job openings leads U.S. core cpi by 12 months. Image: BCA Research
Probability of U.S. Recession vs. Initial Jobless Claims The probability of U.S. recession beginning within 12 months decreases. Image: J.P. Morgan
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