Thursday, July 26, 2012

Initial Claims Danger v.7


Click to enlarge.


Click to enlarge.

It's red vs. blue. Blue had the upper hand for a few months but the red trend line is definitely showing some resilience.

Rocky

As the match progresses, Creed's superior skill is countered by Rocky's apparently unlimited ability to absorb punishment, and his dogged refusal to be knocked out.



See Also:
Initial Claims Danger v.6

Source Data:
St. Louis Fed: Initial Claims

4 comments:

Troy said...

http://research.stlouisfed.org/fred2/graph/?g=92n

basically the extrapolated annual job loss rate from the weekly new claims.

Somewhat inaccurate since not every job loss results in a claim.

http://research.stlouisfed.org/fred2/graph/?g=92p

overlays interest rates, showing how the bigger firing spikes were probably due to bigger lending pullbacks.

Stagflationary Mark said...

Troy,

Converting your 2nd chart to a scatter chart is interesting. The 0% fed funds rate floor is certainly distorting the shape.

Troy said...

http://research.stlouisfed.org/fred2/graph/?g=92x

is a different take.

YOY change in PAYEMS/PAYEMS.

1940-2000 shows an oscillating economy with a bias towards the upside.

Our job race better not be run right now.

Not with our $1T+/yr deficit stimulus, still over 15% of wages:

http://research.stlouisfed.org/fred2/graph/?g=92y

Man that last chart is clean. I should get paid for this s-.

Stagflationary Mark said...

Troy,

Our job race better not be run right now.

I hear that. The long-term trend is pretty much dead in my opinion. So I guess about the only difference would be the timing in bracing for impact. I chose 2004. Sigh.