Thursday, June 17, 2021

The Pause (Reversal?) That Isn't Refreshing

A week ago, it looked as if California's labor market - as measured by new weekly claims for unemployment insurance - had finally broken out of its plateau and started down again. But last week's drop may have been a blip; the number reversed and popped back up again in the most recent data for the week ending June 12. We will see...

As always, the most recent new claims data are at

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