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Saturday, October 16, 2021

Still stuck

The latest data on new California weekly claims for unemployment insurance show an uptick. But the general image above shows that new claims are stuck in the 60,000 range when "normal" would be around 40,000. At least by this measure, the California recovery remains incomplete.

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

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