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Saturday, October 9, 2021

Still bouncing around too high

Up and down, up and down. New weekly claims in California for unemployment benefits - an indicator of the state of the labor market and economy - are still bouncing around the 60,000 mark, when full recovery would be more like 40,000. 

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

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