Initial Jobless Claims Vs. WARN notices

Initial jobless claims will rise. Prepare for gold to shoot up. 

Youth Employment Vs. Initial Jobless Claims

Youth employment is a leading indicator for initial jobless claims because young people are the first to get fired.

Initial Jobless Claims Vs. Unemployment Rate

Initial Jobless Claims are a leading indicator for the Civilian Unemployment Rate.

Initial jobless claims report the number of individuals who have filed for unemployment insurance benefits in the previous week (mostly involuntary layoff). This gives us near real-time data on the state of the labor market. The blue chart leads the red chart with a 3 month delay.

Initial Jobless Claims starting to rise, S&P in for a correction

This week's initial jobless claims were rising again as reported by Zero Hedge and based on the obvious correlation between the S&P and initial jobless claims here, I expect that the S&P will come down eventually.

On top of that, the capacity utilization for the previous month was edging down (blue chart going up), which confirms that the unemployment rate will start going upwards (red chart going up).

 While deflation sets in with a lower CPI (red chart going down).

Initial Jobless Claims Vs. S&P

This page is created to monitor the Initial Jobless Claims Vs. Standard & Poor's Index (S&P).

Whenever you get higher initial jobless claims (blue chart goes down), the S&P follows suit (red chart goes down).

Initial claims are a leading indicator for the unemployment rate.

Historically, when initial claims go above 430K, economic conditions soften.