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Thursday, December 31, 2020

More State Stall

Although at the national level, new weekly claims for unemployment insurance fell last week, both on a seasonally-adjusted and unadjusted basis, California claims began to rise again after a previous-week drop. Probably, the fact that the state has surging coronavirus cases and new lockdown rules is the main factor in the divergence.








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








One more reason NOT to gather (as above) tonight.

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