California’s unemployment rate is higher than last year and continuing claims for California are close to where they were last year.
There are four things that I see in California that shows me the labor market is not improving.
First, the exhaustion rate remains very high… pic.twitter.com/aGRHeBVjuj
— WarnTracker 2.0 (@j77324) November 30, 2024
The number of job losers is still increasing in California, and layoffs are not done pic.twitter.com/OybmW7tQaE
— WarnTracker 2.0 (@j77324) November 30, 2024