The last to move are employment indicators - starting with initial claims for unemployment, next payroll job growth, and finally, the duration of unemployment. (hussmanfunds.com)
As noted last month, the extremely low level of initial claims is widely viewed as a sign of strength for the labor market. (aier.org)
If Initial Claims data had existed from 1950 - 1967, this new model's performance would probably improve even more. (bullmarkets.co)