Pretty interesting how before 2008 it seems like 300k+ was the normal annual number and after 2008 it has downward trend to 200k.
I guess we did a pretty good job engineering the economy with money printing. Too bad the other half of Keynes's ideas (increase taxes during the good times) was never done so we could keep the trend going.
Think it’s still a bit early for the current chaos to reflect. Tariffs in particular will take time to trickle through. Stuff like people reporting +100% bills was only like last week
I'm on my phone so maybe I am missing something, but it looks like it is decently consistent over the last year. It is down from the first number from May of 2024 (by 1000).
The next release is only on Thursday May 15, 2025 so it will be interesting to check then, not today. And tomorrow is the inflation report: https://www.bls.gov/news.release/cpi.nr0.htm
Pretty interesting how before 2008 it seems like 300k+ was the normal annual number and after 2008 it has downward trend to 200k.
I guess we did a pretty good job engineering the economy with money printing. Too bad the other half of Keynes's ideas (increase taxes during the good times) was never done so we could keep the trend going.
It's probably more structural due to baby boomers aging out of the workforce.
Think it’s still a bit early for the current chaos to reflect. Tariffs in particular will take time to trickle through. Stuff like people reporting +100% bills was only like last week
I'm on my phone so maybe I am missing something, but it looks like it is decently consistent over the last year. It is down from the first number from May of 2024 (by 1000).
The next release is only on Thursday May 15, 2025 so it will be interesting to check then, not today. And tomorrow is the inflation report: https://www.bls.gov/news.release/cpi.nr0.htm