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Over 30% of States with rising unemployment

By RecessionALERT on April 18, 2016 in Reflections

The March 2016 figures are in for state-wide unemployment and the percentage of states with growing unemployment has risen to over 30% now: The useful thing with this breadth metric is that deterioration in unemployment is made visible long before it shows up in the average national unemployment rate. Whereas the national unemployment rate is […]

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Labor market not as strong as you think

By RecessionALERT on April 11, 2016 in Reflections

The strength of the labor market is constantly being trotted out in defense of the robust status of the US economy, but broad sets of labor data show this not to be the case. First, let us examine a very broad US labor market growth metric: This indicator needs to fall below -10 before the […]

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