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Sunday, October 15, 2023

As the Forecast Said...

As we noted, the UCLA Anderson Forecast came down on the side of no recession in the near or intermediate term. And our weekly look at new weekly California claims for unemployment benefits supports that view. Of course, there are now uncertainties as a result of the Israel-Gaza War which were not part of the UCLA Forecast in September. 

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

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