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August 23, 2010
Graph of the Day for August 23, 2010
"This summer is sure to be a Summer of Economic Recovery." The White House, June 17, 2010.
"We're on the right track. The economy is getting stronger, but it really suffered a big trauma. And we're not going to get all 8 million jobs that were lost back overnight. It's going to take some time." President Obama, August 18, 2010.
Weekly Initial Jobless Claims (seasonally adjusted)
Source: St. Louis Fed/FRED, ICSA series (through Aug. 14, 2010).
Hoven's Index for August 23, 2010
Trends (linear regression slope) in initial jobless claims (extra claims per week):
Since the end of 2009: +89/wk
Last 26 weeks: +463/wk
Last 13 weeks: +1,481/wk
Last 8 weeks: +4,733/wk
Last 4 weeks: +9,200/wk
Last week: +12,000/wk
Data source: St. Louis Fed/FRED, ICSA series through Aug. 14, 2010. (Excel "Slope" function used to calculate trends.)
Graph of the Day Archive.