by Mike ‘Mish’ Shedlock
The Street
Unemployment claims at the state level declined to the 18 million mark but all claims jumped to over 34 million.
All Continued Claims Rise for Third Week
Based on Pandemic Unemployment Assistance, admittedly lagging, there is little or no improvement in the number of unemployed.
My “All Continued Claims” chart is the sum of state claims, federal claims, and various pandemic unemployment assistance (PUA) claims.
All claims lags continued claims by two weeks.