Chad Stone Profile picture
Chief Economist @CenteronBudget. Focus on economic and budget issues. Fan of Philly sports and Americana music.
Oct 7, 2022 14 tweets 4 min read
The Fed’s actions to lower inflation will take time to fully show up in the labor market, but the slowing job growth in today’s #JobsReport suggests the start of its impact. Policymakers should be preparing measures now to relieve hardship if unemployment begins to rise. 1/14 Well-designed, targeted measures will not interfere with the Fed’s efforts to address inflation. 2/14
Mar 11, 2021 5 tweets 3 min read
week ending 3/6: 51st week of million-plus initial regular state UI+PUA claims

reg state: actual 709k
seasonally adj reg 712k
4-wk avg (SA): 759k
yr-ago 4-wk avg: 216k

PUA 478k

insured unempl wk ending 2/27
act.: 4.585 m
S.A.: 4.144 m

dol.gov/ui/data.pdf 1/4 Image insured unempl't is regular state UI for the week ending 2/27

claims in "all programs" for week ending 2/20: 20.1 m, including

8.4 million Pandemic Unemployment Assistance (PUA),
5.5 m PEUC for those exhausting state UI, and
1.3 m EB

cbpp.org/research/econo… 2/4 Image