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Sunday, August 6, 2023

Yawn!


Another boring look at our quest for signs of a recession in California data on new claims for unemployment insurance. Nothing there for yet another week. Note that the state budget for this year is predicated on some kind of slowdown. If it doesn't happen, pressure to move away from budget stringency will grow for 2024-25.

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

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