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George Pearkes@peark.es |
As shown in the chart below, the SA factor for the current week's data is very stable despite what looks like a persistent seasonal shift. Does this fully explain the rise in claims? Not necessarily, but it's a major confounding factor. My interpretation: labor market slowing, not collapsing. 9/n
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George Pearkes
@peark.es
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If this sort of intellectual puzzle is interesting to you, welcome to the world of business or market economics. Understanding, analyzing, and interpreting data is what we do. It's constantly moving and there's always something interesting to look at. Basically: I love my job! 10/10
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