Thursday, March 31, 2016

Weekly Unemployment Claims: Initial and Continued March 31 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 11,000 to 276,000 claims while seasonally adjusted "continued" unemployment claims decreased by 7,000 to 2.73 million resulting in an “insured” unemployment rate of 1.6%.