Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rarebird who wrote (4874)	6/13/2001 10:32:57 PM
From: jjetstream	of 74559

<Some Interesting Stats: Total state unemployment insurance claims has averaged over 2.8 million in the latest two weeks of May, up more than 400,000 within three months. The magnitude of this rise in such a short period has never before occurred within the 34 plus year history of the claims statistics without a recession. In fact, over the last 30 years the largest 3 month rise in average claimants that has ever occurred without a recession is 277,000, which was in January 1988. Year/year rise in total claims on the same measurement basis is now over 800,000 - that has never occurred unless you were at least 3 months into a recession.> It would seem that this should have been expected with all the layoffs over the last several months........ Subject 50782

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next