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Sunday, April 17, 2022

We'll keep an eye on it

We watch new weekly claims for unemployment insurance in California as an indicator of the state of the labor market and the economy. New claims have been creeping up in the past few weeks after falling into the pre-pandemic range. We'll keep an eye on it and hope it's a blip and not the beginning of something.

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

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