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Today’s DOL Unemployment Insurance Weekly Claims shows no improvement in the employment situation. The non-seasonal adjusted initial claims at 1,445,481 are down by 14,575 when compared to the previous week, but the non-seasonal adjusted continuous insured unemployed at 17,920,654 h...
It is hard to look at much of the recent economic data and not come to the conclusion that a V-shaped recovery seems to be unfolding. Certainly, many of the reports are coming off depressed levels; however, a sharp recovery is occurring nonetheless. Thursday's nonfarm payroll number is another...
The June jobs report numbers are good in terms of directionality and how quickly they are moving up and beating consensus, but we’re still in a very big hole and it is unclear how long that V-shaped recovery will continue, Ed Harrison told Real Vision during today’s Daily ...