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Sunday, January 8, 2023

At the End, No Trend

Our weekly wait and review for signs of a recession from new California claims for unemployment insurance shows no trend. At the end of the year 2022, things were pretty much as they were in the pre-pandemic boom period. The national data show the same thing. We fear a recession is coming. But it hasn't shown its face.

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

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