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

On jobless claims, the unresolved seasonality hypothesis is holding up

 – by New Deal democrat Ever since jobless claims started higher in May, I’ve cautioned that I suspected that unresolved seasonality may be at play. This week and the next two weeks are the acid test for that hypothesis, because they were the lowest weeks for claims all last summer. And . . . The […]