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Thursday, January 7, 2021

Another stall week

With the political mess in Washington, it's easy to lose sight of the economic/pandemic mess we're in. The latest weekly unemployment claims data (for the week ending January 2) came out today. There was little change at the national level seasonally adjusted, and an increase in unadjusted claims. California shows a minor drop in unadjusted claims. Basically, a stall that seems likely related to the worsening coronavirus situation despite the gradual rollout of vaccinations. UCLA reportedly has been vaccinating medical school faculty and other health-related employees.


As always, the latest claims data are at https://www.dol.gov/ui/data.pdf.

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