For example, initial unemployment claims as a percentage of the labor force are by far the lowest since records started. Strong economic indicators are always welcome, but they do not guarantee that growth can be sustained. U.S. Census Bureau, Path Financial LLCForecasting the economy is just as difficult as forecasting the stock market. It seems that when longer-term rates drop below short-term rates, a recession often follows. But this is also true for unemployment claims: a recession seems to follow whenever they drop below 300,000.
Source: Forbes June 02, 2018 15:45 UTC