Charts of US Labor and Jobless Claims

Recently we have heard about the good data coming from US. Despite this we expect the US economy will decelerate to levels of 1-1.5%

This year Initial Jobless Claim have fallen to levels of 2008 thanks to the Fed via QE, QE2 and Operation Twist.

Initial Jobless Claims.

The next chart shows the number of people who takes more than 27 weeks to get a job, since 2011 is falling but consider that, they can get a job or stop looking for it. Here we have some charts from BLS for your consideration.

Seasonally Adjusted
Series title:                    (Seas) Number Unemployed for 27 Weeks & over
Labor force status:              Unemployed
Type of data:                    Number in thousands
Age:                             16 years and over
Duration : unemployed/laid off:  27 weeks and over

 

Seasonally Adjusted
Series title:        (Seas) Average Weeks Unemployed
Labor force status:  Unemployed
Type of data:        Number of weeks
Age:                 16 years and over

Seasonally Adjusted
Series title:                    (Seas) Of Total Unemployed, Percent Unemployed 27 Weeks & over
Labor force status:              Unemployed
Type of data:                    Percent or rate
Age:                             16 years and over
Duration : unemployed/laid off:  27 weeks and over
Percent/rates:                   Percent of unemployed within group

Seasonally Adjusted
Series title:                    (Seas) Of Total Unemployed, Percent Unemployed 27 Weeks & over
Labor force status:              Unemployed
Type of data:                    Percent or rate
Age:                             16 years and over
Duration : unemployed/laid off:  27 weeks and over
Percent/rates:                   Percent of unemployed within group

Sources: Bloomberg, BLS