Thursday, January 07, 2016

Weekly Unemployment Claims: Initial and Continued January 07 2015

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

Seasonally adjusted “initial” unemployment claims declined by 10,000 to 277,000 claims while seasonally adjusted “insured” claims increased by 25,000 to 2.230 million resulting in an “insured” unemployment rate of 1.6%.