The weekly unemployment claims data used to garner headlines and bottom of the hours first news status on television. This data now is bottom of the bird cage news. It is rarely referenced in the chyron on the news. We have seen steadily decreasing first-time claims data and […]
Weekly Unemployment Claims STILL Historically Low We have been on a ten year decline in weekly unemployment claims since the peak week of January 2009. What used to be headline news at the bottom of the 8:00 hour every Thursday has been summarily forgotten and dismissed as unimportant. […]
The weekly unemployment claims data is the canary in the coal mine. Right now that canary is singing “Whistle While You Work.” This year we set a record for the number of weeks with the first time unemployment (FTU) claims, non-seasonally adjusted (NSA,) under 200,000 claims. We recorded […]