Another Week of Being Stuck

Saturday, October 30, 2021

We now have California new weekly claims for unemployment insurance through the week ending October 23. And has been the case for many weeks, we remain stuck around 60,000+ when normal would be around 40,000. Other data for the entire U.S. economy suggest slow growth through the summer. California shared in that slow growth which apparently has spilled over into the fall.

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