Average duration of unemployment has fallen in the early days of the pandemic, as new unemployment cases rose dramatically, compared to prior existent claims. Since then, however, average duration has been creeping up.
Claims have come down but are spectacularly high historically. Chart.
Down from the peak, but higher on the week. Charts.
The numbers are just monstrous. The Fed’s own data illuminate the historic Monetary Disorder that today runs wild. Finance has completely run amuck and it will lead to devastating instability.
Sweden is now experiencing the second wave of the pandemic, and Sweden’s historical troughs of new cases have remained always higher than the troughs reached by the other Nordic states.
Just as time is a one-way arrow, “the politicization of everything” is a one-way road to dissolution and collapse.
Hence, excess mortality in the U.S. compared to the EU27 stands at around 95-100,000 people. All killed, to a large extent, by the inadequate public health system and policy responses in the U.S.
Data from NASA shows the Earth gradually heating up since the late 19th century. Since the year 2000, this trend seems to have accelerated as shown in the visualization of the data released. August 2020 was about 2.14° C hotter than the average month r…
According to the latest unemployment data released by the Department of Labor on Thursday, the number of Americans newly applying for unemployment benefits through state programs remained just below 900,000 for the fourth week in a row in the week ende…
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.