Continued Claims – A recession indicator with a 100% perfect track record, has crossed the rubicon
by Reduntu Recessions Shaded. Red line is current status, +30% YoY What are continued claims? Each week, the government releases a count of how many unemployed people continued to claim unemployment insurance for another week. When this number increases, it means currently unemployed people are staying unemployed instead of finding jobs and re-entering the workforce. Historically, every time …