Every week, we check in on the data series of new California weekly claims for unemployment insurance to see if there are signs of a recession. And each week, the numbers remain in pre-pandemic boom levels. The most recent data for the week ending June 3 are no different. As we noted recently, the UCLA Anderson Forecast continued in early June to provide two forecast scenarios: one with a recession and one without. So, we'll check in again next week.
As always, the latest claims data are at https://www.dol.gov/ui/data.pdf.
No comments:
Post a Comment