Pantheon Macroeconomics - You may have seen the chart below, which shows what appears to be an alarming divergence between the official jobless claims numbers and the Challenger survey's measure of job cut announcements. We should say at the outset that the chart makes the fundamental mistake of comparing the unadjusted Challenger data with the seasonally adjusted claims data.

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12 May. 2016 Does the Challenger Survey Signal an Upturn in the Pace of Layoffs?

By Ian Shepherdson

You may have seen the chart below, which shows what appears to be an alarming divergence between the official jobless claims numbers and the Challenger survey's measure of job cut announcements. We should say at the outset that the chart makes the fundamental mistake of comparing the unadjusted Challenger data with the seasonally adjusted claims data.

Posted: 12th May 2016 in 'U.S. Documents'

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