11/2/12

The rate of unemployment in the U.S. is 7.9%

After the 0.3% drop in September 2012, which provoked a fierce discussion on the accuracy and biases associated with the Census Bureau's surveys, the rate of unemployment has risen by 0.1% in October and the BLS reported 7.9%. This figure provides a strong support to the long term downward trend in unemployment and, in turn, a positive trend in employment. According to our version of Okun's law, we expect a healthy growth in real GDP by 3% per year.

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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 ...