Shocking 3.2m jobless claims today because of coronavirus. Going back to 1967 nothing even close in terms of past recessions.
Jobless Claims
Report by Harvard/Princeton economists says most U.S. employment growth from 2005 to 2015 is in alternative work arrangements.
Today's fundamentals: Latest trade deficit data negatively impacts GDP. Also remember: holiday jobs data are wonky and can obfuscate early 2017 reports.
Today's fundamentals: CPI plus jobless claims, and NY, Philly, and PMI manufacturing data
Today's fundamentals: jobless claims with a word on how seasonal adjustments during holidays skew data.
Today's fundamentals: ISM Manufacturing, Jobless Claims, Challenger Job Cut Report
Significant damage is being done to the economies of oil producing nations some of which could produce substantial political chaos.
Home construction at a 5mo low.
This data is positive for the economy but is not the entire employment picture.
This won't help Friday's April jobs report but is a good omen for next month's report.
This data is positive but too late to count in the April BLS Employment Situation Reports which will be out 5/3. Those reports sample the jobs market in the week which includes the 12th of each month.
This data is positive but too late to count in the April BLS Employment Situation Reports which will be out 5/3. Those reports sample the jobs market in the week which includes the 12th of each month.
Economic data today and for the past month is generally flat, which doesn't support a sustained equity rally.
Blame the fact that unadjusted went up and adjusted went down on the Easter Bunny.
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