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We'll Need to Wait a Week
Saturday, December 03, 2022
We look at weekly new claims for California unemployment insurance to see if there are signs of a recession. But after marching upward, new claims dipped during the Thanksgiving week, effectively a short week. So we'll need to wait a week or so to see what happens.
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As always, new claims data are at https://www.dol.gov/ui/data.pdf.