The remarkable consistency in weekly unemployment insurance filings raises questions about statistical probability. Despite the complexities of state programs and economic factors, the numbers remain eerily stable, challenging conventional understanding.
Below is the number of initial filings for unemployment insurance.
How is this statistically possible?
Five of the last six weeks, the exact same number.
Effectively the same number in the last 11 weeks, except for the holiday weeks (President's Day and Easter).
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Consider… pic.twitter.com/vZbWWC7DRr— Jim Bianco (@biancoresearch) April 18, 2024