We continue to track new California weekly claims for unemployment insurance as an indicator of the direction of the labor market and state economy. For several weeks, after a general decline from the peak of the pandemic slump, California has been stuck with new weekly claims of a bit under 60,000 when it would be nice to see a return down to a pre-slump 40,000 level.
As always, the latest claims data are at https://www.dol.gov/ui/data.pdf.
No comments:
Post a Comment