Thursday, April 07, 2016

Weekly Unemployment Claims: Initial and Continued April 07 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 below the 300K level.

Seasonally adjusted “initial” unemployment claims declined by 9,000 to 267,000 claims while seasonally adjusted "continued" unemployment claims increased by 19,000 to 2.191 million resulting in an “insured” unemployment rate of 1.6%.