Thursday, January 21, 2016

Weekly Unemployment Claims: Initial and Continued January 21 2016

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

Seasonally adjusted “initial” unemployment claims increased by 10,000 to 293,000 claims while seasonally adjusted “insured” claims declined by 56,000 to 2.208 million resulting in an “insured” unemployment rate of 1.6%.