Christmas Card from the Labor Market: Jobless Claims Fall for 14th Week to 14-Month Low
CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Thursday, December 10, 2009
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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9 Comments:
Shame shame professor for daring to call it a Christmas card and not a holiday card!
I'm just a little concerned that he'll be boxed in as one of those "conservative Fox guys"
I am not surprised that there are a lot of "conservatives" out there, I am surprised at how much of a market there is for these guys. I mean they all say the same few talking points. What does Stossel bring that a Glenn Beck or a Hannity or a Levin or a Limbaugh or an O'Reilly doesn't bring.
No offense, but you conservatives have no lives if you just sit there and listen to one talking head after another reaffirm your beliefs.
Awesome! I love it and if you don't mind I am sending it to everyone I know with the message, "Merry Chrismas, God bless capitalism, I am sure there will be no shortage of credit taking."
Total Non-Agriculture employment has just fallen for the 96th consecutive week.
Merry Christmas.
Machiavelli999:
If this was Arkansas, the descriptive term used to describe this line of thinking would be "incest". But here in PIXIE DUST Land it (incest) is called "independent thinking". You see, a college degree provides substantial benefits.
999 and Chuck - you obviously never watch or listen to the commentators you lump together. Your ignorance is clear and overwhelming.
Um, claims increased 205,000 from the previous week (17,000 seasonally-adjusted).
Sure the previous week was Thanksgiving but this week's claims are 125,000 higher than the week before Thanksgiving. The moving average is temporarily covering up that gain. Unless next week's claims plummet, you're going to see the moving average turn up sharply.
Kevin:
Ya think? Ever? Yours is a typical "incest" comment. When there is nothing constructive to say, as in a debate where facts count, folks of your intellectual caliber resort to stirring up the fears, prejudices and biases of the sheeples. Ya'll typically exhibit no independent thought except on a rare occassion. You may be suffering from incurable brain rot. But I am an optimist and maybe a brain transplant could be available you under the "public option".
http://delong.typepad.com/
From these charts would you guess that jobless claims is lagging indicator compared to leading indicator of percent of population employed.
Enjoy
!
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