Thursday, May 19, 2016

Weekly Unemployment Claims: Initial and Continued May19 2016

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

Seasonally adjusted “initial” unemployment claims declined by 16,000 to 278,000 claims while seasonally adjusted "continued" unemployment claims declined by 13,000 to 2.152 million resulting in an “insured” unemployment rate of 1.6%.