Thursday, June 09, 2016

Weekly Unemployment Claims: Initial and Continued June 09 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 4,000 to 264,000 claims while seasonally adjusted "continued" unemployment claims declined by 77,000 to 2.095 million resulting in an “insured” unemployment rate of 1.5%.