Relevant and even prescient commentary on news, politics and the economy.

New jobless claims rise sharply; is the Delta wave beginning to take its economic toll?

New jobless claims rise sharply; is the Delta wave beginning to take its economic toll? New jobless claims are the most important weekly economic datapoint with regard to the effects of vaccination progress. At this point, it is also a test of how much the “delta wave” of new cases is setting economic progress back. […]