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Sunday, December 11, 2022

Slow upward creep resumes

After an interruption due to the short Thanksgiving week, new weekly claims for California unemployment insurance have continued to creep upward, suggesting a softening in the labor market. We will continue to track this indicator as one measure of the state's economic health.

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

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