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Formerly TwitterU.S. Department of Labor
USDOL
Unemployment Insurance Weekly Claims
Initial claims were 208,000 for the week ending 4/27, unchanged from the previous week's revised level.
Insured unemployment was 1,774,000 for the week ending 4/20, unchanged from the previous week's revised level.
www.dol.gov/ui/data.pdf pic.twitter.com/Bl5shaUi5c
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Jason Furman
jasonfurman
Job openings and quits both fell in March as a wide range of labor market indicators are consistent with a cooling economy--and a labor market that, broadly, is like where it was in 2019--with lower quits but higher openings (with a question of whether openings were trending up). pic.twitter.com/6fjPOvlGBB
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Jason Furman
jasonfurman
The ECI came in well above expectations. And also an increase in wage growth for my preferred metric, private workers ex incentive occupations seasonally adjusted (a mouthful, and unfortunately not published by BLS).
Up at a 4.2% annual rate in the first three months of the yr. pic.twitter.com/8ELEcciuBP
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Nick Bunker
nick_bunker
The job openings rate peaked at 7.4% in March 2022. Over the next two years, it fell 2.3 percentage points.
Over that same time period, unemployment has risen only 0.2 percentage points. That's unprecedented.
Life's good on the steep part of the Beveridge Curve. 🧵 pic.twitter.com/zHUpoRGssV
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All coverage
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