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Thursday, May 21, 2020

How Bad Is It? Bad, Really Bad - Part 17

[Click on image to clarify.]
Preliminary data on new claims for unemployment insurance show 2.4 million new claims on a seasonally-adjusted basis and 2.2 million without adjustment. The weekly new claims figures have been falling but are still in record territory and are adding to total unemployment. California accounted for 15.6% of those collecting unemployment insurance without seasonal adjustment, a disproportionately high share.

You can find the latest data release at https://www.dol.gov/ui/data.pdf.

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