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Thursday: Unemployment Claims, ISM Services


• At 8:30 AM ET, the initial weekly unemployment claims report will be released.  The consensus is for a decrease to 250 thousand from 260 thousand last week.

• At 10:00 AM, the ISM Services Index for January.

On COVID (focus on hospitalizations and deaths):

COVID Metrics  NowWeek
AgoGoal Percent fully Vaccinated63.8%—≥70.0%1 Fully Vaccinated (millions)212.0—≥2321 New Cases per Day3415,552636,024≤5,0002 Hospitalized3127,329143,924≤3,0002 Deaths per Day3🚩2,3692,286≤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.
Click on graph for larger image.

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

New cases and hospitalizations are now declining.
Unfortunately, deaths are still rising, but well below the previous 7-day average record of 3,421 in January 2021.

UK employers push up pay deals as staff shortages and inflation mount

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