Thursday, January 11, 2018

Hiring leads firing: adding initial jobless claims to the mix


 - by New Deal democrat

In yesterday's post, I pointed out that, in the JOLTS data, hiring leads firing.

A more frequent and timely measure of firing is the weekly initial jobless claims, which also almost always turn significantly in advance of recessions. I have a post up at XE.com, looking at hiring vs. firing this way.