Thursday, February 26, 2015

Weekly Unemployment Claims: Initial and Continued February 26 2015

Today’s jobless claims report showed a notable increase to initial unemployment claims and a decrease to insured unemployment claims as seasonally adjusted initial claims remained above the 300K level.

Seasonally adjusted “initial” unemployment claims jumped 31,000 to 313,000 claims while seasonally adjusted “insured” claims declined by 21,000 to 2.401 million resulting in an “insured” unemployment rate of 1.8%.