Diane Kimura

If past indicators on unemployment hold true, we are about to enter a recession.

In the chart plots the US Unemployment figures in millions (white line) next to the recessions (red bars).

There is a clear correlation. Shortly after the unemployment figures start rising, a recession usually follows.

Unemployment numbers have recently started rising. Expect a recession to follow.

Posted by: Timothy Birdnow at 01:05 PM | No Comments | Add Comment
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