"In a single week of March 2020, more than 6 million people filed jobless claims, one of 10 weeks in a row in the millions — completely outside any historic norm. This created a distortion of the math the Labor Department does to correct for the usual seasonal ebbs and flows in the data." #jobless #data #workforcemanagement
Jobless claims aren't as low as they seemed
New seasonally adjusted data implies the job market isn't as extraordinarily tight as was originally implied.Korn Ferry Connect
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