Thursday, September 25, 2014

Weekly Unemployment Claims: Initial and Continued September 25 2014

Today’s jobless claims report showed an increase to both initial and continued unemployment claims as seasonally adjusted initial claims remained below the closely watched 300K level.

Seasonally adjusted “initial” unemployment claims increased 12,000 to 293,000 claims from 281,000 claims for the prior week while seasonally adjusted “continued” claims increased by 7,000 to 2.439 million resulting in an “insured” unemployment rate of 1.8%.