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Economic, US News

1,000-Word Chart: U.S. Initial Jobless Claims - as of November 20, 2021

Alex Carrick
1,000-Word Chart: U.S. Initial Jobless Claims - as of November 20, 2021

Due to its complexity, much of the subject matter concerning the economy requires detailed editorial commentary, often supported by relevant tables and graphs.

At the same time, though, there are many topics (e.g., relating to demographics, housing starts, etc.) that cry out for compelling ‘shorthand’ visualizations.

Whichever path is followed, the point of the journey, almost always, is to reach a bottom line or two.

To provide additional value, ConstructConnect is now pleased to offer an ongoing series of 1,000-word charts.

These will help readers sort out the ‘big picture’ more clearly.

This 1,000-word chart looks at U.S. initial jobless claims as of November 20, 2021.

U.S. Initial Jobs Claims Weekly ‒ as of November 20, 2021
Moving in Right Direction: Week ending Nov 20 2021 = 199,000 (-71,000 vs previous week's 270,000) The current level is close to an all-time low. It's a great result to coincide with Thanksgiving!
Data source: Department of Labor & Census Bureau.
Chart: ConstructConnect.

Alex Carrick is Chief Economist for ConstructConnect. He has delivered presentations throughout North America on the U.S., Canadian and world construction outlooks. Mr. Carrick has been with the company since 1985. Links to his numerous articles are featured on Twitter @ConstructConnx, which has 50,000 followers.

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