gettyOn Thursday (November 5), the DOL "Unemployment Insurance Weekly Claims" report is released. Why ignore the "Unemployment Insurance Weekly Claims" report? In a recession, however, temporary unemployment can evolve into extended unemployment for many. The short-term grouping of unemployed John Tobey (FRB of St Louis)Now, note the recessionary shift of the unemployed into the longer-term groupings... Longer-term unemployment numbers John Tobey (FRB of St Louis)What insight will the October data provide?
Source: Forbes October 31, 2020 11:03 UTC