Heterodox
Continuing claims continue near 50 year lows as the Omicron tsunami continues to recede, NDd [Programming note: Hopefully I’ll put up a coronavirus update later today.]Initial claims (blue) declined 18,000 to 215,000 (vs. the pandemic low of 188,000 on December 4). The 4 week average (red) declined 6,000 to 230,500 (vs. the pandemic low of 199,750 on December 25). Continuing claims (gold, right scale) increased 2,000 to 1,476,000, (vs....
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