Extreme Initial Claims Danger v.35

Click to enlarge.


Click to enlarge.

An optimist might tell you that this is the first inning of the recovery. We will return to the red trend line as the economy begins to strengthen. For what it is worth, I am not an optimist. I believe that the next major trend change in initial claims will be to the upside.

Please note that versions 32 through 34 of these posts are permanently missing. I took a break for a few weeks. Sorry about that! In my defense, not much has changed since I last posted.

Oh sure, there was a feigned attempt to revisit the red trend line in my absence. I guess there was that. Perhaps the red trend line attracted a few red herrings. Sigh.

It is also a literary device employed by writers that leads readers or characters towards a false conclusion, often used in mystery or detective fiction.

The job market sure is a mystery, a conundrum so to speak. It's almost like jobs are being automated and outsourced faster than we can think up new ones. Yeah, it's almost exactly like that. Go figure.

See Also:
Extreme Initial Claims Danger v.31 (Musical Tribute)

Source Data:
St. Louis Fed: Initial Claims
DOL: Initial Claims