Going up a bit, but could be noise Sunday, June 19, 2022
We track new California weekly claims for unemployment insurance as an indicator of the state of the labor market and general economy. Claims popped up a bit in the week ending June 11th but the series is noisy and still roughly in the pre-pandemic range. So let's track it awhile before drawing any conclusions of a slowdown. As always, the latest data are at https://www.dol.gov/ui/data.pdf.
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UCLA Faculty Association Blog: 2nd Quarter 2022
