Friday, April 2, 2010

UEMPMEAN - 3 Month Moving Average Year Over Year Changes


This is not a lagging indicator...

2 comments:

CP said...

In what way is that not a lagging indicator?

energyecon said...

In that complacent mindset that things are just going to chug along in BAU mode...unemployment duration of that magnitude, especially in conjunction with the level of U-6 presages additional credit deterioration - which will lead to taking more of onto the public balance sheet...