What’s Going On With Alternating Continued Unemployment Claims?
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I have been watching this pattern for weeks.
For 24 consecutive weeks the change in the number of continued claims has alternated between positive and negative numbers.
Initial Unemployment Claims
Initial unemployment claims turn into continued claims a week later minus those finding a new job.
Continued Unemployment Claims
The obvious implication is that on average, everyone being fired quickly (within a week) finds a new job, like clockwork for 24 straight weeks.
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