Access our posts on your Bloomberg terminal: NH BLG_TICKER_SENSE 
| Stay in the loop: |
| Subscribe to Birinyi's free mailing list |
Search Ticker Sense
Search Investment Blog Network
« Oil Posts Largest $ Gain EVER | Main | June 9th Blogger Sentiment Poll »
The US Unemployment rate reported this morning gained 50bps from the previous month, and was 40bps above the economist survey of 5.1%. At 5.5%, unemployment sits at precisely the same level as the start of the December-07 expansion. Excluding the current period, unemployment declines 2.77% on average during expansions, and gains 2.67% on average during recessions. Below we highlight the unemployment rate and all recessions since 1948.
The comments to this entry are closed.
The Ticker Sense Blogger Sentiment Poll is a survey of the web's most prominent investment bloggers, asking "What is your outlook on the S&P 500 for the next 30 days?" Conducted on a weekly basis, the poll is sent to participants each Thursday, and the results are released on Ticker Sense each Monday. The goal of this poll is to gain a consensus view on the market from the top investment bloggers -- a community that continues to grow as a valued source of investment insight. © Copyright 2015 Ticker Sense Blogger Sentiment Poll
Ticker Sense was founded and developed by analysts at Birinyi Associates. Birinyi Associates continues to own and manage all content.
It is a well known fact that the job markets within the US begin to drop when recession begins to rise. Hopefully we won't see the same unemployment rates that we saw back in the early 80's.
Posted by: Jerry Dill | June 17, 2008 at 04:28 PM
It is a well known fact that the job markets within the US begin to drop when recession begins to rise. Hopefully we won't see the same unemployment rates that we saw back in the early 80's.
Posted by: Jerry Dill | June 17, 2008 at 04:28 PM
It is a well known fact that the job markets within the US begin to drop when recession begins to rise. Hopefully we won't see the same unemployment rates that we saw back in the early 80's.
Posted by: Jerry Dill | June 17, 2008 at 04:28 PM
It would be helpful if these unemp. graphs would show the unemployment rates using the old U-6 and current U-3 models for comparison. This graph could be a mixture of both U-6 and U-3 computations. If so, then it's an apples to oranges comparison. Please see comments by Barry Ritholtz http://bigpicture.typepad.com/comments/2008/06/unemployment-re.html
If I am correct, I have seen two U-6 computations, and both are a bit higher than U-3.
Posted by: Clay W | June 25, 2008 at 02:26 PM
Hi thank you for an perceptive post, I actually found your blog by searching on Goole for something else nearly related, in any case before i ramble on too much i would just like to state how much I enjoyed your post, I have bookmarked your site and also taken your RSS feed, Once Again thank you very much for the blog post keep up the good work.
Posted by: Sureshot Tips | December 13, 2010 at 01:59 AM