Thursday, December 31, 2015

Weekly Unemployment Claims: Initial and Continued December 31 2015

Today’s jobless claims report showed a notable increase to initial unemployment claims as well as an slight increase to continued unemployment claims as seasonally adjusted initial claims remained just below the 300K level.

Seasonally adjusted “initial” unemployment claims jumped by 20,000 to 287,000 claims while seasonally adjusted “insured” claims increased by 3,000 to 2.198 million resulting in an “insured” unemployment rate of 1.6%.