Hmmm… “Five states had to be estimated… including California?” That’s interesting how a real number increase of 22,560 turns into a seasonally adjusted decrease. The week ending July 3 was a full week. It will be interesting to see how they manipulate, err, I mean seasonally adjust the claims for next week’s report that will include the holiday. Regardless, any number above 400k is simply horrid, a disaster and it’s amazing that these numbers have been as elevated for as long as they have.
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