Thursday, January 28, 2016

Weekly Unemployment Claims: Initial and Continued January 28 2016

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

Seasonally adjusted “initial” unemployment claims declined by 16,000 to 278,000 claims while seasonally adjusted “insured” claims increased by 49,000 to 2.268 million resulting in an “insured” unemployment rate of 1.7%.