{"id":216770,"date":"2024-12-26T12:35:11","date_gmt":"2024-12-26T17:35:11","guid":{"rendered":"https:\/\/ibkrcampus.com\/campus\/?p=216770"},"modified":"2024-12-30T04:23:31","modified_gmt":"2024-12-30T09:23:31","slug":"continuing-claims-surge-to-a-37-month-high","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/continuing-claims-surge-to-a-37-month-high\/","title":{"rendered":"Continuing Claims Surge To a 37-Month High: Dec. 26, 2024"},"content":{"rendered":"\n

One might have thought that the loftiest level of continuing unemployment claims in over three years would have pushed yields south, but similar to sports and the weather, Wall Street isn\u2019t short on surprises. Rates are jumping in bear-steepening fashion as IBKR ForecastTraders<\/a> and investors alike begin to consider the possibility of an extended Fed pause. Meanwhile, the long-end is shifting toward a more traditional relationship relative to its shorter-dated counterparts, as market participants factor the impacts of firmer growth expectations, stickier inflation figures and the US\u2019s fiscal imbalance against the backdrop of a $44 billion Treasury auction this afternoon. Turning to the global economic calendar, it\u2019s a quiet day on that front, with just Japanese construction orders and Singaporean industrial production.<\/p>\n\n\n\n

\"IBKR<\/figure>\n\n\n\n

Hiring and Firing Are Muted<\/strong><\/h2>\n\n\n\n

The trend of human resource departments focusing on projects other than hiring and firing has continued with moderate numbers of initial requests for unemployment benefits occurring while claims among the already out-of-work population climbing. For the week ended December 21, initial unemployment claims fell from 220,000 to 219,000, signaling that employers are being cautious with distributing pink slips, while continuing claims for the week ended December 14 climbed from 1.864 million to 1.910 million. The latter metric hit the highest level in more than three years, pointing to businesses\u2019 reluctance to add workers. While initial claims were lighter than the expected 223,000, continuing claims exceeded the 1.880 million forecasted by analysts. Four-week moving averages, however, depicted increases in both initial and continuing claims with the numbers increasing from 225,500 and 1.877 million, respectively, to 226,500 and 1.881 million.<\/p>\n\n\n\n

\"Continuing<\/figure>\n\n\n\n
\"Initial<\/figure>\n\n\n\n

Singapore\u2019s Electronics Demand Spikes<\/strong><\/h2>\n\n\n\n

Singapore\u2019s electronics manufacturing activities surged in November and pushed the country\u2019s industrial production up 8.5% year over year (y\/y), a notable improvement from the 1.2% gain in the preceding month but below the expected 10%. On a y\/y basis, the electronics segment strengthened 26% with factories cranking out semiconductors, computer peripherals and data storage, and consumer electronics. Biomedical products, transport engineering, general manufacturing and chemicals, however, weakened. On a seasonally adjusted basis, industrial production sagged 0.4% compared to the 1.2% expansion in October.<\/p>\n\n\n\n

Japan Construction Falters<\/strong><\/h2>\n\n\n\n

After jumping 44.6% y\/y in October, Japan\u2019s construction orders sank 10.2% last month, largely a result of a 41.1% drop in foreign requests for new projects. Weakness wasn\u2019t limited to foreign investors, however, with domestic orders subsiding 8.6%. Demand for civil engineering slid 9.1% while building construction descended 10.6%.<\/p>\n\n\n\n

False Signals from Unemployment Data<\/strong><\/h2>\n\n\n\n

Investing can often require forecasting economic data and then assessing how investors will react to the data. Today\u2019s unemployment claims illustrate the challenges associated with making both calls accurately. For example, in many instances, investors would perceive high levels of continuing unemployment claims as an indicator that the economy is weakening, which would normally cause yields to decline. But the bar for recession risk is tall at the moment, considering that the business community is optimistic that President Trump\u2019s platform of lighter taxes and regulatory relief will support corporate earnings and economic growth. Today\u2019s data also illustrate the appeal of ForecastTrader contracts. More specifically, IBKR ForecastTraders who make correct forecasts can benefit without having to properly anticipate how markets will react to data.<\/p>\n\n\n\n

I hope you are all having an enjoyable holiday season. Thank you.<\/p>\n\n\n\n

To learn more about ForecastEx, view our Traders\u2019 Academy video here<\/a><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

One may have thought that the loftiest level of continuing unemployment claims in over three years would have pushed yields south, but similar to sports and the weather, Wall Street isn\u2019t short on surprises.<\/p>\n","protected":false},"author":903,"featured_media":216782,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12711,18,6,8,9,26,3],"tags":[45,18201,18202,15688],"contributors-categories":[13760],"class_list":{"0":"post-216770","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ibkr-economic-landscape","8":"category-macro","9":"category-north-america","10":"category-region","11":"category-securities","12":"category-text-articles","13":"category-traders-insight","14":"tag-bonds","15":"tag-japan-construction","16":"tag-singapore-industrial-construction","17":"tag-unemployment-claims","18":"contributors-categories-ibkr-macroeconomics"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"\nContinuing Claims Surge To a 37-Month High: Dec. 26, 2024<\/title>\n<meta name=\"description\" content=\"One may have thought that the loftiest level of continuing unemployment claims in over three years would have pushed yields south, but similar to sports...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/216770\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Continuing Claims Surge To a 37-Month High: Dec. 26, 2024 | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"One may have thought that the loftiest level of continuing unemployment claims in over three years would have pushed yields south, but similar to sports and the weather, Wall Street isn\u2019t short on surprises.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/continuing-claims-surge-to-a-37-month-high\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-26T17:35:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-30T09:23:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/12\/unemployment-featured-img-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jose Torres\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jose Torres\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t \"@context\": \"https:\\\/\\\/schema.org\",\n\t \"@graph\": [\n\t {\n\t \"@type\": \"NewsArticle\",\n\t \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/continuing-claims-surge-to-a-37-month-high\\\/#article\",\n\t \"isPartOf\": {\n\t \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/continuing-claims-surge-to-a-37-month-high\\\/\"\n\t },\n\t \"author\": {\n\t \"name\": \"Jose Torres\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/92c2be3b6162d92fb996417221509b6e\"\n\t },\n\t \"headline\": \"Continuing Claims Surge To a 37-Month High: Dec. 26, 2024\",\n\t \"datePublished\": \"2024-12-26T17:35:11+00:00\",\n\t \"dateModified\": \"2024-12-30T09:23:31+00:00\",\n\t \"mainEntityOfPage\": {\n\t \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/continuing-claims-surge-to-a-37-month-high\\\/\"\n\t },\n\t \"wordCount\": 553,\n\t \"commentCount\": 0,\n\t \"publisher\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/continuing-claims-surge-to-a-37-month-high\\\/#primaryimage\"\n\t },\n\t \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/12\\\/unemployment-featured-img-1.jpg\",\n\t \"keywords\": [\n\t \"bonds\",\n\t \"Japan construction\",\n\t \"Singapore industrial construction\",\n\t \"unemployment claims\"\n\t ],\n\t \"articleSection\": [\n\t \"IBKR Economic Landscape\",\n\t \"Macro\",\n\t \"North America\",\n\t \"Region\",\n\t \"Securities\",\n\t \"Text Articles\",\n\t \"Traders' Insight\"\n\t ],\n\t \"inLanguage\": \"en-US\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"CommentAction\",\n\t \"name\": \"Comment\",\n\t \"target\": [\n\t \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/continuing-claims-surge-to-a-37-month-high\\\/#respond\"\n\t ]\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"WebPage\",\n\t \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/continuing-claims-surge-to-a-37-month-high\\\/\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/continuing-claims-surge-to-a-37-month-high\\\/\",\n\t \"name\": \"Continuing Claims Surge To a 37-Month High: Dec. 26, 2024 | IBKR Campus US\",\n\t \"isPartOf\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t },\n\t \"primaryImageOfPage\": {\n\t \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/continuing-claims-surge-to-a-37-month-high\\\/#primaryimage\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/continuing-claims-surge-to-a-37-month-high\\\/#primaryimage\"\n\t },\n\t \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/12\\\/unemployment-featured-img-1.jpg\",\n\t \"datePublished\": \"2024-12-26T17:35:11+00:00\",\n\t \"dateModified\": \"2024-12-30T09:23:31+00:00\",\n\t \"description\": \"One may have thought that the loftiest level of continuing unemployment claims in over three years would have pushed yields south, but similar to sports and the weather, Wall Street isn\u2019t short on surprises.\",\n\t \"inLanguage\": \"en-US\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"ReadAction\",\n\t \"target\": [\n\t \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/continuing-claims-surge-to-a-37-month-high\\\/\"\n\t ]\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"ImageObject\",\n\t \"inLanguage\": \"en-US\",\n\t \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/continuing-claims-surge-to-a-37-month-high\\\/#primaryimage\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/12\\\/unemployment-featured-img-1.jpg\",\n\t \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/12\\\/unemployment-featured-img-1.jpg\",\n\t \"width\": 1000,\n\t \"height\": 563,\n\t \"caption\": \"Continuing Claims Surge To a 37-Month High: Dec. 26, 2024\"\n\t },\n\t {\n\t \"@type\": \"WebSite\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t \"name\": \"IBKR Campus US\",\n\t \"description\": \"Financial Education from Interactive Brokers\",\n\t \"publisher\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t },\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"SearchAction\",\n\t \"target\": {\n\t \"@type\": \"EntryPoint\",\n\t \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t },\n\t \"query-input\": {\n\t \"@type\": \"PropertyValueSpecification\",\n\t \"valueRequired\": true,\n\t \"valueName\": \"search_term_string\"\n\t }\n\t }\n\t ],\n\t \"inLanguage\": \"en-US\"\n\t },\n\t {\n\t \"@type\": \"Organization\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t \"name\": \"Interactive Brokers\",\n\t \"alternateName\": \"IBKR\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t \"logo\": {\n\t \"@type\": \"ImageObject\",\n\t \"inLanguage\": \"en-US\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t \"width\": 669,\n\t \"height\": 669,\n\t \"caption\": \"Interactive Brokers\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t },\n\t \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t },\n\t {\n\t \"@type\": \"Person\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/92c2be3b6162d92fb996417221509b6e\",\n\t \"name\": \"Jose Torres\",\n\t \"description\": \"Jos\u00e9 Torres is Senior Economist at Interactive Brokers. In this capacity, he is responsible for economic analysis, economic commentary and educational content focused on the economy. Prior to joining Interactive Brokers, Jos\u00e9 spent 6 years working as an economist in the United States government within the Federal Deposit Insurance Corporation (FDIC) and the Bureau of Labor Statistics (BLS). During his time with the U.S. government, Jos\u00e9 frequently led presentations covering economic conditions and forecasts for elected officials, political appointees and senior management. He also built economic models, consulted with private sector executives, contributed to the modernization of economic processes and gained recognition for predicting the inflationary episode of the 2020s. Jos\u00e9 has also been a professor of economics at the City University of New York and holds a master\u2019s degree in financial economics from West Texas A&M University. His skillset includes the ability to communicate and analyze complex economic topics in English and in Spanish and throughout his career, he has been interviewed by media outlets including Bloomberg, CNBC, CNN, WSJ, AP, Yahoo Finance, Cheddar, Business Insider, Seeking Alpha, PBS, FOX, Economic Times, Univision, Telemundo and others.\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/jose-torres\\\/\"\n\t }\n\t ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Continuing Claims Surge To a 37-Month High: Dec. 26, 2024","description":"One may have thought that the loftiest level of continuing unemployment claims in over three years would have pushed yields south, but similar to sports...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/216770\/","og_locale":"en_US","og_type":"article","og_title":"Continuing Claims Surge To a 37-Month High: Dec. 26, 2024 | IBKR Campus US","og_description":"One may have thought that the loftiest level of continuing unemployment claims in over three years would have pushed yields south, but similar to sports and the weather, Wall Street isn\u2019t short on surprises.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/continuing-claims-surge-to-a-37-month-high\/","og_site_name":"IBKR Campus US","article_published_time":"2024-12-26T17:35:11+00:00","article_modified_time":"2024-12-30T09:23:31+00:00","og_image":[{"width":1000,"height":563,"url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/12\/unemployment-featured-img-1.jpg","type":"image\/jpeg"}],"author":"Jose Torres","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Jose Torres","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/continuing-claims-surge-to-a-37-month-high\/#article","isPartOf":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/continuing-claims-surge-to-a-37-month-high\/"},"author":{"name":"Jose Torres","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/92c2be3b6162d92fb996417221509b6e"},"headline":"Continuing Claims Surge To a 37-Month High: Dec. 26, 2024","datePublished":"2024-12-26T17:35:11+00:00","dateModified":"2024-12-30T09:23:31+00:00","mainEntityOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/continuing-claims-surge-to-a-37-month-high\/"},"wordCount":553,"commentCount":0,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/continuing-claims-surge-to-a-37-month-high\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/12\/unemployment-featured-img-1.jpg","keywords":["bonds","Japan construction","Singapore industrial construction","unemployment claims"],"articleSection":["IBKR Economic Landscape","Macro","North America","Region","Securities","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/continuing-claims-surge-to-a-37-month-high\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/continuing-claims-surge-to-a-37-month-high\/","url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/continuing-claims-surge-to-a-37-month-high\/","name":"Continuing Claims Surge To a 37-Month High: Dec. 26, 2024 | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/continuing-claims-surge-to-a-37-month-high\/#primaryimage"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/continuing-claims-surge-to-a-37-month-high\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/12\/unemployment-featured-img-1.jpg","datePublished":"2024-12-26T17:35:11+00:00","dateModified":"2024-12-30T09:23:31+00:00","description":"One may have thought that the loftiest level of continuing unemployment claims in over three years would have pushed yields south, but similar to sports and the weather, Wall Street isn\u2019t short on surprises.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/continuing-claims-surge-to-a-37-month-high\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/continuing-claims-surge-to-a-37-month-high\/#primaryimage","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/12\/unemployment-featured-img-1.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/12\/unemployment-featured-img-1.jpg","width":1000,"height":563,"caption":"Continuing Claims Surge To a 37-Month High: Dec. 26, 2024"},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/92c2be3b6162d92fb996417221509b6e","name":"Jose Torres","description":"Jos\u00e9 Torres is Senior Economist at Interactive Brokers. In this capacity, he is responsible for economic analysis, economic commentary and educational content focused on the economy. Prior to joining Interactive Brokers, Jos\u00e9 spent 6 years working as an economist in the United States government within the Federal Deposit Insurance Corporation (FDIC) and the Bureau of Labor Statistics (BLS). During his time with the U.S. government, Jos\u00e9 frequently led presentations covering economic conditions and forecasts for elected officials, political appointees and senior management. He also built economic models, consulted with private sector executives, contributed to the modernization of economic processes and gained recognition for predicting the inflationary episode of the 2020s. Jos\u00e9 has also been a professor of economics at the City University of New York and holds a master\u2019s degree in financial economics from West Texas A&M University. His skillset includes the ability to communicate and analyze complex economic topics in English and in Spanish and throughout his career, he has been interviewed by media outlets including Bloomberg, CNBC, CNN, WSJ, AP, Yahoo Finance, Cheddar, Business Insider, Seeking Alpha, PBS, FOX, Economic Times, Univision, Telemundo and others.","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/jose-torres\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/12\/unemployment-featured-img-1.jpg","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/216770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/903"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=216770"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/216770\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media\/216782"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=216770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=216770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=216770"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=216770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}