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. Picture source: 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 Picture to Enlarge

U.S. Unemployment Rate: Black or African Americans

U.S. Unemployment Rate: Black or African Americans The U.S. unemployment rate of Black or African Americans stands at 6.3%, while the civilian unemployment rate stands at 3.7%, near its lowest level in almost 50 years. You may also like “Homeownership Disparity Deepens.”

U.S. Long-term Unemployment Rate

U.S. Long-term Unemployment Rate Interesting chart showing that the U.S. long-term unemployment rate is back to its long-run average. Picture source: Ben Casselman

U.S. Unemployment Rate and Wage Growth

U.S. Unemployment Rate and Wage Growth U.S. unemployment rate at 3.7% and U.S. wage growth at 3.2% in July. U.S. employment growth slows, suggesting the U.S. economy is cooling. Picture source: Jeroen Blokland

Unemployment and U.S. Presidential Elections

Unemployment and U.S. Presidential Elections Americans tend to elect Democrats when unemployment is high, and Republicans when unemployment is low. Picture source: Ken Fisher

The U.S. Unemployment Rate Is Historically Low

The U.S. Unemployment Rate Is Historically Low But the FOMC projection suggests that the unemployment rate cannot improve indefinitely. Picture source: Federal Reserve Bank of Richmond

The Unemployment Rate since 1890

The U.S. Unemployment Rate since 1890 Highest level in 1934: 21.30% Lowest level in 1944: 1.20% Today: 3.60% Picture source: Bianco Research