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

Is Thanksgiving seasonality masking a possible longer term positive regime change in jobless claims?

 – by New Deal democrat This week’s update of initial and continuing jobless claims is a demonstration of two frames of seasonality: one in the immediate term, and one longer term stretching back several years. When we parse them out together, they suggest there may have been somewhat of a regime change that began in July […]