Initial jobless claims michigan

United States’s Initial Jobless Claims Michigan icnreased to 12865.0 by 14.86% on May 2021 from 11201.0 in the previous month. On a year on year basis United States’s Initial Jobless Claims Michigan increased by 12.92%. United States’s Initial Jobless Claims Michigan trend is down since the current value of 12865.0 is lower than the 12 month moving average of 17294.8. and the 12 month moving average slope is up. United States’s Initial Jobless Claims Michigan 5-year percentile is currently at 65.0%.

Initial jobless claims michigan Chart

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Date Value
30/04/2022 7.588,00
23/04/2022 6.496,00
16/04/2022 8.383,00
09/04/2022 11.892,00
02/04/2022 5.942,00
26/03/2022 8.433,00
19/03/2022 4.888,00
12/03/2022 9.764,00
05/03/2022 7.696,00
26/02/2022 8.743,00

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Initial jobless claims michigan

Initial jobless claims michigan Statistics

Click here to explore the methodology used for estimating the Initial Jobless Claims Michigan signals presented in the statistics table below.

Indicator Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
Initial Jobless Claims Michigan 12865 11201 0.148558 0.129202 -1.0 1.0 0.65 2021-05-29

Michigan Economic News Stream

Michigan Macroeconomic Indicators

Indicator Actual Previous M/M% Y/Y% Trend ZS5Y Trend Update
Unemployment Rate in Michigan 4.9 5.1 -0.0392157 -0.792373 -1.0 0.0166667 2021-04-01
Build Permits Michigan 2043.49 2398.86 -0.148141 2.05722 1.0 1 2021-04-01
Initial Jobless Claims Michigan 12865 11201 0.148558 0.129202 -1.0 0.65 2021-05-29
Leading Index Michigan 2.58 1.03 1.50485 -9.0625 1.0 0.0166667 2020-02-29
Total Gross Domestic Product Michigan 528238 524828 0.00649737 0.0384077 1.0 0 2020-10-01
Regional Price Parities: All Items for Michigan 92.3 92.3 0 0 Down 0 2021-01-13
Real Per Capita Personal Income for Michigan 48769 48028 1.54 0 UP 0 2021-01-13
All-Transactions House Price Index for Michigan 370.21 361.79 2.33 16.86 UP 100 2021-01-13
Coincident Economic Activity Index for Michigan 121.22 120.28 0.0078151 0.709009 1.0 1 2021-04-01
Real Trade-Weighted Value of the dollar for Michigan 110.817 109.707 0.0101179 -0.0713711 -1.0 0.0333333 2021-03-01

Initial jobless claims michigan analysis

Initial Jobless Claims Michigan trend

Initial Jobless Claims Michigan trend is in an uptrend when the last value is higher than its twelve-month moving average and its twelve-month moving average slope is positive (last twelve-month moving average is higher than the previous month twelve-month moving average) and vice-versa. MacroVar calculates the number of months the Initial Jobless Claims Michigan has recorded new highs or lows. Initial Jobless Claims Michigan trend change is assumed when the specific indicator has recorded a 3-month high / low or more.

Initial Jobless Claims Michigan momentum

Initial Jobless Claims Michigan momentum is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M) return.