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Thursday, May 27, 2021

Waiting for the Roar

The governor keeps saying California is roaring back. But by the measure we have been following - new weekly claims for unemployment insurance - it is hard to hear that roar.

Basically, in California, new weekly claims have been flat - see the chart above - although in the U.S. as a whole, they have been dropping. 

Data (always) at https://www.dol.gov/ui/data.pdf.

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