A Blog dedicated to tracking economic trends and financial matters.
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%.