Civilian unemployment rate is calculated by the number of unemployed people divided by the total size of the labor force and is expressed as a percentage. People who are jobless, looking for jobs, and available for work are considered unemployed. The labor force is defined as people who are either employed or unemployed.
The unemployment rate is the share of the...
This is my first time using TradingView, or posting here so please forgive any flaws or failings in my format. This chart highlights the U.S. Unemployment rate (bottom section) compared to the S&P 500 (top section). The Unemployment Rate also has a 12-month moving average overlaying it. I’m posting this idea as much to be an inquiry as anything. But, it...
When unemployment rate crosses 12 month ma signals long term trend change in SP500.
Rate just crossed to upside, expect multi year SP500 down trend to begin.
When the 3 Month Unemployment Average Goes Above The 3 Year Moving Average A Recession Is In Progress.
The chart above shows every recession from 1953 to 2008 and shows when the moving average occurrence takes place it's a recession.
This RSI-MA Model Predicts Unemployment Rate With Scary Accuracy!
Although high unemployment usually occurs during economic recessions, it doesn't always mean that equity valuations would drop, nor does rising unemployment always mean recession.
On the monthly chart of the official national unemployment rate:
Unemployment Momentum Rising = MA6(RSI3) cross>50...
The Fed's rate hike timing is 'data dependent'. Few data points are as comprehensive and influential for determining monetary policy than the BLS's monthly labor statistics. The unemployment rate is good for the employment element of the mandate, but there is also an inflation gauge: wage growth. Will this data offer enough of a push to shift interest rate...
October was the ninth consecutive month where the headline payrolls figure came in above 200k, rendering this year’s January to October period the strongest in fifteen years. The US NAIRU may be 5.2% or it may be 5.7%. But wherever it lies, the actual unemployment rate is moving swiftly towards it.
Friday’s Employment Situation Report showed that the US economy...
