Our weekly look at new weekly California claims for unemployment benefits again finds nothing indicating a recession. The numbers - although they wiggle around - have remained at pre-pandemic (boom) levels. Of course, there is lots going on in the world now including two wars. And there are some signs of slowing in the economy. But as blog readers will know, the UCLA Anderson forecasters don't see signs of recession.
As always, the latest claims data are at https://www.dol.gov/ui/data.pdf.
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