EU Regional Unemployment Rates, February 2019

Apr 15, 2019
Unemployment Rate in EU Regions

The chart above shows the unemployment rate in each EU region as of February 2019 (unless otherwise noted - see caveats below), the change from the previous month, and the rate one year prior.  The Eastern EU continues to hold the lowest unemployment rate as it did last month and last year.

EU and US Unemployment Rates, February 2019

Apr 12, 2019
Unemployment Rate in EU and US States

The chart above shows the unemployment rate in each EU and US state as of February 2019 (unless otherwise noted - see caveats below), the change from the previous month, and the rate one year prior.  The Czech Republic is the only state with an unemployment rate below two percent, it is also the only EU state with an unemployment rate below three percent.  Twelve US states have a rate below three percent.

US Unemployment Rates, February 2019

Apr 11, 2019
Unemployment Rate in US States

The chart above shows the unemployment rate in each US state as of February 2019, the change from the previous month, and the rate one year prior.  Four states, Iowa, New Hampshire, North Dakota, and Vermont are the only states with an unemployment rate below 2.5 percent.

EU Unemployment Rates, February 2019

Apr 10, 2019
Unemployment Rate in EU States

The chart above shows the unemployment rate in each EU state as of February 2019 (unless otherwise noted) and the change from the previous month.  The Czech Republic continues to be the only state with an unemployment rate below three percent.  However, Slovenia had the greatest improvement in its rate from the previous month.

EU and US Regions by Subway Station Density

Apr 9, 2019
Subway Stations per Mile of Track in EU and US Regions

The chart above shows the number of subway stations per mile of track in each region.  Clearly, the EU believes in placing subway stations closer to each other than the US does.

EU Regions by Subway Station Density

Apr 8, 2019
Subway Stations per Kilometer of Track in EU Regions

The chart above shows the number of subway stations per kilometer of track in each region.  The Southern and Western EU both have just over one station for every kilometer of track.

US Regions by Subway Station Density

Apr 5, 2019
Subway Stations per Mile of Track in US Regions

The chart above shows the number of subway stations per mile of track in each region.  Unsurprisingly, the Northeast has the highest density of stations in its subway systems.

Treasury Rate Movements, March 2019

Apr 4, 2019
US treasury rates by maturity

All rates dropped in March.  The yield curve shrank from the previous month thus ending its one month widening streak.  The one-month bill did not maintain the lowest rate throughout the month.  Long-term rates fell at a faster pace than short-term rates thus neutralizing the risk of an inversion brought upon by rising short-term rates.  Such an inversion, if it were to happen would be a strong indicator for an upcoming recession.  A side note: several financial analysts have recently pointed to inversions between particular rates like the three-year note having a higher rate than the five-year note as being indicators for a recession.  The data does not back this up.  The only type of inversion that has led to a recession reliably is one in which the highest rate is a shorter-term treasury than the lowest rate.  This is the only inversion that has predicted a recession seven out of eight times since 1962.  According to this measure, there is no recession in the foreseeable future.

EU and US States by Number of Subway Stations per Length of Track

Apr 3, 2019
Subway Stations per Mile of Track in EU and US States

The chart above shows the number of subway stations per mile of track in each state.  Only four states - all from the EU - have more than two stations for every mile of track.  Conversely, all of the six states that have less than one station per mile of track are from the US.

EU States by Number of Subway Stations per Kilometer of Track

Apr 2, 2019
Subway Stations per Kilometer of Track in EU States

The chart above shows the number of subway stations per kilometer of track in each state.  Half the subway systems in the EU have more than one station for every kilometer.


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