Chart of the day: jobless claims

| 26 June 2008 08:42

At 8:30 EDT this morning, the Labor department released its jobless claims numbers. The numbers are not appreciably different than a week ago. But they are largely consistent with recession: 384,000 jobless claims and 3,139,000 continuing claims.

Year-on-year changes:

  • 4-week Average jobless claims: +62,250 (at 378,250 claims)
  • 4-week Average continuing claims: +592,500 (at 3,103,250 claims)

Below are the charts for the last year of jobless claims and continuing claims.


This post is part of my series.

avatar About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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