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Wednesday, June 08, 2022

Thursday: Unemployment Claims, Q1 Flow of Funds

by Calculated Risk on 6/08/2022 09:01:00 PM

Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for 210 thousand up from 200 thousand last week.

• At 12:00 PM, Q1 Flow of Funds Accounts of the United States from the Federal Reserve.

On COVID (focus on hospitalizations and deaths):

COVID Metrics
 NowWeek
Ago
Goal
Percent fully Vaccinated66.7%---≥70.0%1
Fully Vaccinated (millions)221.6---≥2321
New Cases per Day3🚩104,511103,774≤5,0002
Hospitalized3🚩23,23021,425≤3,0002
Deaths per Day3🚩291275≤502
1 Minimum to achieve "herd immunity" (estimated between 70% and 85%).
2my goals to stop daily posts,
37-day average for Cases, Currently Hospitalized, and Deaths
🚩 Increasing 7-day average week-over-week for Cases, Hospitalized, and Deaths
✅ Goal met.

COVID-19 Positive Tests per DayClick on graph for larger image.

This graph shows the daily (columns) and 7-day average (line) of deaths reported.

New cases have quadrupled from the recent low.

Average daily deaths bottomed in July 2021 at 214 per day.