Thursday, January 15, 2015

Weekly Unemployment Claims: Initial and Continued January 15 2015

Today’s jobless claims report showed a sharp increase to initial unemployment claims and an decrease to insured unemployment claims as seasonally adjusted initial claims jumped above the 300K level.

Seasonally adjusted “initial” unemployment claims increased a notable 19,000 to 316,000 claims while seasonally adjusted “continued” claims declined by 51,000 to 2.424 million resulting in an “insured” unemployment rate of 1.8%.