June 14, 2010
Graph of the Day for June 14, 2010
"Little more than a year ago, the economy was in freefall. Today, it's growing again. Little more than a year ago, the economy was losing an average of 750,000 jobs per month. It's now been adding jobs for five months in a row." President Obama, June 11, 2010.
"A mixed-bag week on the employment front: Initial jobless claims were higher than expected, although they dipped 3,000 to 456,000 for the week ending June 5... A Bloomberg survey had expected initial jobless claims to fall to 448,000. Meanwhile, the more telling four-week moving average -- which smooths out anomalies for holidays, strikes etc. -- increased 2,500 to 463,000. Jobless claims need to drop below 400,000 during the next two quarters to give economists and investors confidence..." Joseph Lazzaro, Daily Finance, June 10, 2010.
![](/legacy_assets/blog/old_root/Jobless%20claims.jpg width=)
Data source: St. Louis Fed/Fred, ICSA series. HT: Innocent Bystanders for the idea.
Hoven's Index for June 14, 2011
Trends (linear regression) in initial jobless claims:
From April 2009 through February 20, 2010: -4,331 per week.
From February 27 through June 5 (most recent), 2010: +314 per week.
From May 1 through June 5 (most recent six weeks), 2010: +2,229 per week.
Data source: St. Louis Fed/Fred, ICSA series.
Graph of the Day Archive.
To comment on this or any other American Thinker article or blog, you must be a subscriber to our ad-free service. Login to your subscription to access the comments section. You can subscribe on a monthly basis for $6.79 a month or for a year at $69.99
Login
Subscribe / Change PwdAd Free / Commenting Login
FOLLOW US ON
Recent Articles
- No, Trump Does Not Have to Abide by a Mythical 'Judicial Supremacy'
- Rush Was Right About Illegal Immigration
- The President's Trap
- Theories of Knowledge and the Media
- Tucker Carlson Needs Help
- Gaza Gaza Gaza
- Is Stargate a Gateway to the Digital Gulag?
- After USAID, America Will Never Be the Same
- The Debt Ceiling: Trump's Next Target?
- Trump FTC Must Stop Biden’s Prescription Drug Madness
Blog Posts
- Finding value that others ignore is Donald Trump’s superpower
- Ronald Reagan Washington National Airport: Where Convenience Trumps Safety
- City council of Worcester, MA votes to become an LGBTQ++ ‘sanctuary city’
- ‘Green’ politician vying for Germany’s chancellorship makes a ridiculous spectacle trying to christen a new ship with ‘safe’ contraption
- How much power does Elon Musk have?
- When it takes 12 days to get your mail...
- Are the Gazans tired of winning yet?
- Melting down over DOGE
- Massive fraud is exposed by Musk and Trump and the left is furiously melting down! Does this not reveal their consciousness of guilt?
- Our Conservative Climate Caucus
- Will POTUS be happy with SCOTUS?
- Why do we treat murdering a pregnant woman differently from abortion?
- Learning about Abe
- Liz Cheney’s never-ending farewell tour: now featuring JD Vance
- Does President Trump have to come over there to Los Angeles, again?