THE U-3 rate crossed over its 12m MAV this september. Market crash + recession around the corner, I give it half a year tops. Read this fine piece if you can't wrap your head around pic related.
http://www.philosophicaleconomics.com/2016/02/uetrend/
>>1683858
bump
looks like it will be a big retracement.
how long we got?
>>1683858
does the graph suggest that you can never have 0% unemployment.
once it gets so low, workers demand from employer because of lack of worker supply.
this forces companies to "economise" and cut back to only required profit centers.
employment goes back up, but now we're in full blown recession.
lack of spending kills business and more jobs are lost.
it'll bottom out and stabilise, but only the best will keep their jobs.
about right?
>>1683894
Sometime 2017. Watch the monthly unemployment statistics closely, Wall Street is aware of this and rising urate could trigger big sell offs.
>>1683858
Alrgiht, go short. Im happy to keep adding
>>1683858
Why can't you spergs figure out that correlation does not mean causation?
Interesting article actually. Checking out more of the site
>>1683924
The fuel gauge in your car isn't the reason you stop when you are out of gas but still very useful helping you know when to pull over to fill er up. (in this case pull out of exposure to the equity markets). It's a simple leading indicator for fucks sake, no one has been implying anything about causation.
>>1683858
Great stuff. Even if it doesn't happen, very good analysis. Wish there was more of this on biz. It's why I come here- occasionally someone posts something like this.
Fake News? Those unemployment numbers are incorrect.
>>1685271
Are you trolling or just challenged? They're straight from the original source, us bureau of labor statistics.
$SDOW