![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhS6xmzOEDAHdqoVwlBeWjERHSGFV97nEAf_PFSVCWxGac66_UJLifuuUY28v1R-GXlG_lVQdFV_PKZRCsYKXrjFkOWwNuYy_bzLpSBsfFL7JKeL5GiFaLtuyCq7FA-nqNzXn5jzrS8tHc/s400/unemployment-rate-october-2009.png)
Initial weekly unemployment insurance claims continue to improve—or more precisely, they are getting worse at a slower rate. This graph shows year-over-year numbers. Ideally, we'd like the YoY numbers to be below zero for an extended period of time.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgzYUIYVyJUesjz_Ra4mXZv9gL8JL6Mff2uG2M8ZmxjHWuA4RyrInw0VCqacAvn3t-AL1TOqFuxO-ZT9OXg_znNZ0w_X3p5AazNGlsQwep22-VTkn4cAo2V69n8KcRnub_J7TUABN0SfeI/s400/initial-jobless-claims.png)
The government's job loss numbers show a continuing, but slowing, contraction in the job market. Remember, we need monthly job gains of 100,000-200,000 just to keep up with population growth.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhpNbm_JMA9b2b9bVY2qLGx3Rd4J92EEN4fd0zcSQ21lYqRKAvirSMjOICqZJFzJRzZc_XEn14wdAM5wtGuryi2ZZVk04hlrCXLteAfzipC2vyqGpMf5TD4WKbi6c__uN2xOe7FbODf7n0/s400/bls-employment-october-2009.png)
For conspiracy theorists who don't believe the government's numbers, here are the monthly job loss numbers as measured by Automatic Data Processing, Inc.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgqt02xPJ61U_F8alq4l64pt1XTXXtxqe5EzphJh3YcfJ6n7g5e1u3Ppv870ZSQtoYy8ILZVw6T2CSGt5bfpCUHkKRHVVgXSSKiV7md1MygG_x21YkU0fLrI0y_1JLLqy_3nFLm57RzfT4/s400/adp-employment-report-october-2009.png)
Thanks for the charts! These are the best I could find searchin online 12/2/2009!
ReplyDelete