Thursday, February 25, 2016

Weekly Unemployment Claims: Initial and Continued February 25 2016

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

Seasonally adjusted “initial” unemployment claims increased by 10,000 to 272,000 claims while seasonally adjusted “insured” claims declined by 19,000 to 2.253 million resulting in an “insured” unemployment rate of 1.7%.