High-Freq Data and DOGE Monitor - 2025-03-26
Date:
Thursday, March 27, 2025
Summary:
This week we enhance our DOGE Tracker with week-on-week data, in addition to our usual since-inauguration data. On the week, the DOGE effect ran in reverse. Unemployment claims by federal government workers rose by a piddling 161! But in the whole federal and federal-adjacent ecosystem that includes non-governmental workers in DC, Virginia and Maryland, claims actually fell by 1,067. If you want the federal government to shrink, sorry about that. If you are worried about the labor market, now you can worry less. And yes, there is a world of high-frequency data outside of DOGE. And it looks great.