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Friday, September 3, 2021

Still at Wrong Mark

We continue our monitoring of new claims data as an indicator of the pace and direction of the state's economy and labor market. Revised numbers on new weekly claims for unemployment insurance in California show a bit of a drop, but we are still hanging around the 60,000 mark when we should be around 40,000. 

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

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