As blog readers will know, we have been tracking new claims for unemployment insurance benefits in California as an indicator of the direction of the labor market and state economy. The latest claims data through the week ending Sept. 11 are still floating around 60,000 (wiggling up and down) when normal would be something like 40,000.
As always, the latest new claims data are at https://www.dol.gov/ui/data.pdf.
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