Post written by Eric Vermulm, CFA | Chief Investment Officer | Stockman Wealth Management
The weekly Initial Jobless Claims report is one of best leading indicators on the U.S. economy.
Released every Thursday morning, it tracks the number of people who file first-time unemployment applications. The report provides a timely look at the leading edge of the U.S. employment situation.
The Department of Labor started tracking claims in January 1967. This gives us 50 years of continuous data to analyze. The following chart plots every weekly claims release and recession of that half century. Read more