2/5/10

Unemployment fell by 0.3%

As predicted several hours ago, the unemployment has decreased by 0.3% to 9.7%.
This was not expected by the market with the average forecast of 10% and the range from 9.9% to 10.2%. The decrease will accelerate in February. The reason behind the drop is the secular decline in the rate of participation in labor force, as decribed in this post.

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Prediction of the Kamchatka July 29, 2025, earthquake by the evolution of low-magnitude seismicity recovered using waveform cross-correlation at IMS seismic arrays (Part 2)

  There are dozens of REB events in Figure 21 that are not matched in the XSEL. The reason behind this underperformance could be related to ...