High-Frequency Post-Virus Recovery - 2025-01-22

New and continuing jobless claims missed slightly, but remain low. There's only the smallest impact from the California fires -- this week's new claims very normal, last week's revised only a little higher. Is serious impact going to be delayed, or maybe will there be no impact? It's hard to get labor organized around new demands, but there is surely a great demand for it now in the rebuilding.