Job Market’s “Spring Break” Distortions
Jobless claims have been all over the place these past few weeks — but there’s a pretty clear method to the overall madness… It’s all about those seasonal adjustments made at the topline of each week’s claims report. Those adjustments are based on past performance, but they don’t always represent today’s seasonal realities. Let’s dive into the details this week, and I’ll show you why the latest claims data will continue signaling a strong economy.
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