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Sunday, April 3, 2022

The New Normal Remains the Old Pre-Pandemic Normal

Our weekly tracking of new weekly California claims for unemployment insurance suggests we are staying in the pre-pandemic level - which is a Good Thing. Maybe that result is to be expected given the tight labor market nationally of which California is roughly 12%. 

As always, the most recent new claims data are at https://www.dol.gov/ui/data.pdf.

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