Pantheon Macroeconomics - Today's payroll number is completely irrelevant, because 97% of the 10.2M increase--so far--in initial jobless claims from their pre-coronavirus level came after the employment survey was conducted, between Sunday March 8 and Saturday March 14.

U.S. | 3 Apr 2020 Unfortunately, Jobless Claims Could Easily Rise Again Next Week
Today's payroll number is completely irrelevant, because 97% of the 10.2M increase--so far--in initial jobless claims from their pre-coronavirus level came after the employment survey was conducted, between Sunday March 8 and Saturday March 14.

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3 Apr 2020 Unfortunately, Jobless Claims Could Easily Rise Again Next Week

By Ian Shepherdson

Today's payroll number is completely irrelevant, because 97% of the 10.2M increase--so far--in initial jobless claims from their pre-coronavirus level came after the employment survey was conducted, between Sunday March 8 and Saturday March 14.

Posted: 3rd Apr 2020 in 'U.S.'

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