A Blog dedicated to tracking economic trends and financial matters.
Thursday, March 17, 2016
Weekly Unemployment Claims: Initial and Continued March 17 2016
Today’s jobless claims report showed an increase to both initial and continued unemployment claims as seasonally adjusted initial claims remained below the 300K level.
Seasonally adjusted “initial” unemployment claims increased by 7,000 to 265,000 claims while seasonally adjusted "continued" unemployment claims increased by 8,000 to 2.235 million resulting in an “insured” unemployment rate of 1.6%.